Rate

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1. Markets - prices - quotation.

In the context of markets, a rate is a price which is quoted as a ratio or a percentage.

For example, a foreign exchange rate or an interest rate.


Foreign exchange rates are quoted as a number of units of the variable currency, per one unit of the base currency.

Interest rates are quoted as percentages of the principal amount.


2. Credit risk - creditworthiness - credit ratings.

To assign a credit rating.


3. Quality - performance.

To evaluate - and express a view about - quality or performance.


See also