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The phrase "accept a lower rate" is correct and usable in written English.
You can use it when discussing financial agreements, negotiations, or pricing where one party is willing to agree to a reduced rate.
Example: "After some negotiation, I decided to accept a lower rate for the service to stay within my budget."
Alternatives: "agree to a reduced rate" or "take a discounted rate."
Exact(10)
How does he answer investors who ask why they should accept a lower rate of return than they could get elsewhere?
At the time, Mr. Trump tried to force existing bondholders to accept a lower rate given the gloomy economic atmosphere after Sept. 11.
The nation faced a simple choice: employ them, and accept a lower rate of production per worker, or insist on continued productivity growth and tolerate high unemployment.
To avoid this, China's government will have to accept a lower rate of overall growth (and indeed, the official numbers indicate that this acceptance is occurring).
Buying bonds drives down rates by increasing competition for the remaining bonds, forcing investors to accept a lower rate of return or move their money into other, riskier assets.
Remember 1975, when the state passed a moratorium law that said the city didn't have to repay the principal on its short-term borrowing and that the noteholders had to accept a lower rate of interest, or the city would...declare bankruptcy?...we didn't think that was a fair deal, so we sued....when we got to the Court of Appeals we won and we got our money and so did the other noteholders..."....
Similar(50)
Scarcity raises prices, meaning that investors are accepting a lower rate of return.
TIPS investors pay for this protection by accepting a lower rate of nominal return than they could have received by buying a usual Treasury security of equivalent maturity.
She accepted a lower rate, which, for all we know, brought her vast returns from increased sales of "Atlas Shrugged" and other works.
Greece's private creditors, which hold about 206 billion euros, or $265 billion, in Greek bonds, are resisting accepting a lower rate.
Bond buyers wanted twice as much as the £800m-worth ($1.5 billion) of mortgage-backed bonds on offer and blithely accepted a lower rate of interest than they had demanded on similar bonds sold by the firm last June.At first glance, such enthusiasm for subprime lending in Britain (where it is tastefully called "non-conforming" or "adverse-credit" lending) looks justifiable.
More suggestions(15)
accept a lower trap
accept a lower pegging
accept a lower individual
accept a lower interest
accept a lower dividend
accept a lower tax
accept a lower cash
accept a lower percentage
accept a lower standard
accept a lower sugar
accept a higher rate
accept a lower bid
accept a lower coupon
accept a lower threshold
accept a lower berth
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com