a fixed rate of

USAGE SUMMARY

The phrase "a fixed rate of" is correct and usable in written English.
It can be used when discussing a specific, unchanging percentage or amount, often in financial contexts such as interest rates or pricing. Example: "The loan offers a fixed rate of 5% for the first five years."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

56 human-written examples

The four-year "Football Bond" pays a fixed rate of 4.15 percent a year, but 4.65 percent if England wins the World Cup, the company said.

The New York Times

According to Will Goetzmann, an economist at Yale, a broadly fixed amount of dollars is available from the strategy, rather than a fixed rate of return.

The Economist

The certificates provide a fixed rate of interest paid over and above the rate of inflation.

The Guardian - Money

Most of the contracts were for seven years, at a fixed rate of pay.

The New Yorker

There were two types of Sam scheme, one offering interest-free loans and one with a fixed rate of interest.

The Guardian - Money

The Halifax Regular Saver account offers a fixed rate of 6percentnt gross for one year.

The Guardian - Money

You then repay the loan to the bank over an agreed period at a fixed rate of interest.

The Guardian - Money

He got a 30-year mortgage with a fixed rate of 3.5 percent.

The New York Times

The banks borrowed a total of $50.7 billion at a fixed rate of 0.59 percent.

The New York Times

You earn a fixed rate of 3.5% for months where no withdrawals have been made, and 1.51% for months where one or more withdrawals have been made.

The Guardian - Money

The cases involve promissory notes -- investments that typically involve a loan to a company in exchange for a fixed rate of return.

The New York Times

Expert writing Tips

Best practice

When using "a fixed rate of", ensure that the context clearly indicates what the rate applies to (e.g., interest, production, flow) to avoid ambiguity.

Common error

Avoid using "a fixed rate of" when you actually mean a variable or adjustable rate. A fixed rate remains constant over a specified period, while a variable rate can fluctuate.

Linguistic Context

The phrase "a fixed rate of" functions primarily as a modifier describing a noun. It specifies that the rate being discussed is constant and unchanging. Ludwig AI indicates the phrase is grammatically correct.

Expression frequency: Very common

Frequent in

News & Media

41%

Science

39%

Formal & Business

20%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "a fixed rate of" is a grammatically sound and frequently used phrase, as confirmed by Ludwig AI, that indicates a constant or unchanging rate. Its primary function is to modify nouns, providing clarity and assurance in various contexts, particularly within finance and science. While suitable for neutral and professional registers, the key is to ensure contextual clarity regarding what the rate applies to. Alternatives such as "a constant rate of" or "a steady rate of" may be used for stylistic variation, but maintaining accuracy is paramount.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a constant rate of

Replaces 'fixed' with 'constant', emphasizing the unchanging nature of the rate.

a steady rate of

Substitutes 'fixed' with 'steady', highlighting the stability and consistency of the rate.

a stable rate of

Uses 'stable' instead of 'fixed', focusing on the unchanging quality of the rate.

a set rate of

Replaces 'fixed' with 'set', indicating that the rate has been predetermined.

a predetermined rate of

Emphasizes that the rate was established in advance.

a guaranteed rate of

Implies a promise that the rate will not change, adding a layer of assurance.

a uniform rate of

Highlights the evenness and consistency of the rate.

a consistent rate of

Focuses on the reliability and dependability of the rate.

a specified rate of

Highlights that the rate has been explicitly stated or defined.

a defined rate of

Indicates that the rate has been clearly established and articulated.

FAQs

How can I use "a fixed rate of" in a sentence?

You can use "a fixed rate of" to describe unchanging percentages or amounts, particularly in finance. For example: "The mortgage has "a fixed rate of" 4% for the life of the loan".

What are some alternatives to "a fixed rate of"?

Depending on the context, you could use alternatives such as "a constant rate of", "a steady rate of", or "a stable rate of".

When is it appropriate to use "a fixed rate of" vs. "a variable rate of"?

"A fixed rate of" is appropriate when the rate remains constant over a specific term. Use "a variable rate of" when the rate can fluctuate based on market conditions or other factors.

What does "a fixed rate of" mean in financial terms?

In finance, "a fixed rate of" means that the interest rate or return on an investment remains the same for a predetermined period, offering predictability and stability for the borrower or investor.