asking rate

USAGE SUMMARY

The phrase "asking rate" is correct and usable in written English.
It can be used in contexts where you are inquiring about the rate or price being requested for a service or product. Example: "Before we proceed, could you please clarify the asking rate for the consulting services?"

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

24 human-written examples

The asking rate to lease top-of-the-line space averages $24.75 a square foot.

The New York Times

"Nobody's lowered their asking rate, but deals include tenant improvements and maybe a month or two of free rent".

The New York Times

Even so, the asking rate had shrunk to a stroll and there was no one else to apply comparable pressure.

The Guardian - Sport

The asking rate soared as Australia's tight bowling paid off with regular wickets, limiting Sri Lanka to 178-9.

The Guardian - Sport

Derbyshire never got the asking rate below 10, with Scott Borthwick again showing decent bowling chops with three wickets.

The Guardian - Sport

If he was on Tony Blair's asking rate for speeches he'd have been a billionaire within a month.

Independent

Human-verified similar examples from authoritative sources

Similar Expressions

36 human-written examples

For them, the capital markets are either closed or still asking rates that are out of their reach.

The New York Times

Rental rates are asking rates, not necessarily effective rents when concessions are considered.

Los Angeles Times

Why, he asked Rate -- its painter -- do you have the former head of the National Rifle Association on this box?

The New York Times

"But it remains to be seen if the taking rates will be close to the asking rates".

The New York Times

The asking rental rate is $33.60 a square foot annually.

Los Angeles Times

Expert writing Tips

Best practice

When discussing real estate, specify the unit of measure (e.g., "per square foot annually") to provide clarity on what the "asking rate" refers to.

Common error

Avoid assuming that the "asking rate" is the final price. It is often a starting point for negotiations, and additional fees or concessions might apply.

Linguistic Context

The phrase "asking rate" functions as a noun phrase, typically serving as a subject or object in a sentence. It denotes the initial or requested price for a service, rental, or other commodity. Ludwig AI confirms its correct usage in various contexts.

Expression frequency: Common

Frequent in

News & Media

52%

Science

24%

Formal & Business

12%

Less common in

Academia

4%

Wiki

4%

Reference

0%

Ludwig's WRAP-UP

In summary, "asking rate" is a common noun phrase used to denote the initial or requested price, often subject to negotiation. Ludwig AI validates its grammatical correctness and versatility across diverse contexts, notably in news, business, and scientific domains. While alternatives like "quoted rate" or "initial price" exist, "asking rate" maintains a neutral tone suitable for broad application. When using "asking rate", remember it's a starting point and always specify the unit of measure for clarity. Keep in mind that it is not always interchangeable with "asking price".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Asking price

Equivalent to "asking rate", used more often in the context of products.

Quoted rate

Emphasizes the act of providing a formal price or rate.

Initial price

Focuses on the starting price point before any negotiation.

Advertised rate

Highlights the rate that is publicly displayed or marketed.

Stated price

Indicates a price that has been formally declared or communicated.

List price

Refers to the standard retail price as published by the seller.

Offered rate

Describes a rate that is being presented as an option.

Base rate

Highlights the foundational rate before any additional charges or discounts.

Preliminary rate

Indicates that the rate is subject to change or final confirmation.

Target rate

Signifies the desired rate or price the seller aims to achieve.

FAQs

How is the term "asking rate" typically used in a sentence?

The term "asking rate" is used to refer to an initial price or rate requested for a product, service, or financial transaction. For instance, 'The "asking rate" for office space in the area is quite high'.

What are some alternatives to "asking rate" in professional contexts?

In professional settings, you can use alternatives such as "quoted rate", "initial price", or "offered rate" for similar clarity and formality.

What's the difference between "asking rate" and "asking price"?

"Asking rate" is often used for services or rentals, while "asking price" typically refers to tangible goods. Both terms represent the seller's initial offer. While similar, they are not always interchangeable. For example, you can use "asking price" when you are referring to a product's price.

Is "asking rate" always the final cost?

No, the "asking rate" is typically the initial offer and can be subject to negotiation or additional fees. It is not necessarily the final amount agreed upon.