rate of payment
- noun
Examples
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It started to slow down the rate of payment that we'd make.
Blog text (1) -
The rate of payment dropped from 88.2 percent in 1990 (Ida 1995), but is still quite high.
Academic text (2007) -
Additionally, all advertisements must include a disclaimer that advertised rates of payment may not be the actual payment received, a provision of the law addressing the higher payments often given to women with specific and in-demand characteristics or features.
Academic text (2014) -
The company adjusted the rate of payment for employees to reflect the increase in the cost of living.
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Many freelancers set their rate of payment based on their experience and the complexity of the projects.
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Before signing the contract, make sure you're comfortable with the rate of payment being offered for your services.
Synonyms
The price charged for something often per hour or unit
The amount of money a worker gets for each hour or week of work
Amount of money paid for work in a set time like per hour
The amount of money given for work, usually per hour or week
How Much
Surface Forms
Morphology
The meaning is directly derivable from the constituents: 'rate' (price per unit/time) combined with 'payment' (money given) linked by the relational 'of' yields the amount paid per unit or period. This compositional noun-of-noun pattern is common across languages and follows standard English semantics, so a B1 learner who knows the parts should understand it.
Etymology
The noun rate of payment comes from the simple idea of measuring money by time or job: rate means how much and payment means the money you get, like 'five dollars per hour'. So, it means 'the amount of money paid for each hour or service'.