net rate

net rate definition - business

net rate

The quoted price by a supplier that can be marked up by a wholesaler or retailer. For example, a tourist attraction may quote a net rate to a tour operator of $15 per person admitted.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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