favorable rate

USAGE SUMMARY

"favorable rate" is a grammatically correct and usable phrase in written English.
You can use the phrase to refer to a rate that is beneficial to a person or organization. For example, "The company was able to secure a favorable rate on the loan, reducing the total cost of the project."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

47 human-written examples

Occupation officials said the sharply different exchange rates did not mean the Kurds would receive a more favorable rate.

The New York Times

"One big concern is ESPN's ability to negotiate favorable rate increases from cable operators," Mr. Kass said.

The New York Times

One trader, after receiving a favorable rate from a bank employee, declared: "I love you".

The New York Times

He — or rather his new nonprofit institution, the Afro-Latin Jazz Alliance — will rent Symphony Space for its concerts, at a favorable rate.

The New York Times - Arts

The French economy is more diversified, he said, and the franc was pegged to the euro at a more favorable rate.

The New York Times

In exchange, Clear Channel will receive a favorable rate in the growing but expensive world of online streaming.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

9 human-written examples

His net favorable ratings are, at best, even, though most polls have his favorable rating below his net favorable rating.

The Guardian - Opinion

I recall getting favorable rates in France and Austria.

The New York Times

Mr. Edwards had the same favorable rating.

The New York Times

Johnson a favorable rating or his handling of the situation.

The New Yorker

Her favorable rating is down nine percentage points since April.

The New York Times

Expert writing Tips

Best practice

When negotiating contracts or agreements, always aim to secure a "favorable rate" that aligns with your budget and financial goals.

Common error

Don't assume a "favorable rate" means an impossibly low rate. Research industry standards and be prepared to negotiate within reasonable boundaries to achieve a mutually agreeable outcome.

Linguistic Context

The phrase "favorable rate" functions primarily as a noun phrase, where "favorable" modifies the noun "rate". Ludwig confirms its grammatical correctness and usability.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

25%

Formal & Business

18%

Less common in

Wiki

7%

Encyclopedias

5%

Reference

3%

Ludwig's WRAP-UP

The phrase "favorable rate" is a grammatically sound and frequently used term, as confirmed by Ludwig. It serves to describe a rate that offers an advantage. Commonly found in contexts like News & Media and Science, the phrase maintains a neutral register. When aiming for a "favorable rate", remember to balance expectations with market realities, and consider factors beyond just the lowest number. As Ludwig examples show, this phrase appears across various domains, always implying a beneficial condition.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

beneficial rate

Directly substitutes "favorable" with a synonym, "beneficial".

preferential rate

Emphasizes that the rate is offered as a preference or special deal.

attractive rate

Uses "attractive" to describe the rate's appeal and desirability.

advantageous price

Replaces "rate" with "price", emphasizing the benefit in terms of cost.

discounted rate

Highlights that the rate is reduced from the standard price.

special rate

Indicates that the rate is not standard and offered under special circumstances.

competitive rate

Replaces "favorable" with "competitive", focusing on how the rate compares to others.

lower rate

Focuses on the rate being less than a standard or previous rate.

bargain price

Uses "bargain" to convey the idea of an exceptionally low and beneficial price.

good deal

More colloquial way to express getting a beneficial price or rate.

FAQs

How can I use "favorable rate" in a sentence?

You can use "favorable rate" to describe a beneficial cost or condition, such as, "The company secured a "favorable rate" on their business loan".

What's a good alternative to "favorable rate"?

Alternatives to "favorable rate" include "advantageous price", "preferential rate", or "competitive rate". The best choice depends on the specific context.

What determines if a rate is considered "favorable"?

A "favorable rate" is typically determined by comparing it to standard market rates or previous rates. Factors like credit score, negotiation skills, and market conditions can influence whether you obtain a "favorable rate".

Is a "favorable rate" always the lowest possible rate?

Not necessarily. A "favorable rate" simply means it's advantageous to the receiver compared to other available options or typical terms. While aiming for the lowest rate is common, other factors such as flexibility or included services can make a slightly higher rate "favorable" overall.