rate charged

USAGE SUMMARY

The phrase "rate charged" is correct and usable in written English. You can use it when discussing fees or costs associated with a service or transaction. For example, "The rate charged for the service was higher than expected." Alternative expressions include "fee applied" and "cost incurred."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

I shall still be receiving information about the rate charged for these boats.

Princeton University

The precise rate charged is, like so much of the student loan system, complicated.

The Guardian - Money

On some loans, the annual percentage rate charged was more than 500percentt.

The New York Times

That is about half the average rate charged on standard credit cards and personal loans.

The New York Times

The prime interest rate is the rate charged by banks to best‐risk customers.

The New York Times

On the other hand, the numbers would decline sharply with reductions in the interest rate charged.

The New York Times

Such percentage may vary according to the type of extension of credit and the interest rate charged.

Cornell University

But while the interest rate charged on the first mortgage is still 8.875 percent, the interest rate charged on the second mortgage -- in essence, a home equity loan -- is 12.875percentt.

The New York Times

Incredible as it might sound, the 0.75 percent interest rate charged by the Fed is indeed a penalty.

The New York Times

So, the saver becomes the lender and gets their return from the loan rate charged to the borrower.

Independent

In 2006, the city increased the rate charged for each minute a cab was stopped or moving slowly.

The New York Times

Expert writing Tips

Best practice

In formal reporting, place the phrase after the noun it modifies to provide technical clarity, as in 'the interest rate charged by the lender'.

Common error

Avoid redundant phrasing such as 'price rate charged' since 'rate' already implies a price structure. Additionally, ensure you use the correct preposition; it is usually the rate charged 'for' a service or 'by' an institution.

Linguistic Context

The phrase "rate charged" functions as a noun phrase where "rate" is the head noun and "charged" is a past participle acting as an adjective or post-modifier. According to Ludwig AI, it is frequently used to specify the exact numerical value or percentage applied to a transaction. It often appears in structures like "the interest "rate charged" on loans" or "the "rate charged" for the unit occupied."

Expression frequency: Very common

Frequent in

News & Media

55%

Academia

25%

Formal & Business

20%

Less common in

Science

2%

Social Media

1%

Wiki

1%

Ludwig's WRAP-UP

In conclusion, "rate charged" is a robust and essential phrase in the English lexicon for discussing economics, finance and service-based billing. Ludwig AI demonstrates its high frequency in authoritative news sources and academic legal texts, confirming its status as a reliable professional term. The phrase effectively modifies the noun 'rate' to clarify that a specific cost has been applied to a user or entity. When writing, remember to use it to provide technical specificity, especially in contexts involving interest, taxes or service fees. Alternatives like <a href="/s/fee+applied" target="_blank" rel="alternative">fee applied or <a href="/s/billing+rate" target="_blank" rel="alternative">billing rate may be used to vary your vocabulary, but "rate charged" remains the standard for describing applicable percentages and costs.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

fee applied

Focuses on the application of a specific fixed cost rather than a variable rate

cost incurred

Refers to the expense from the perspective of the person paying it

price set

Emphasizes the establishment of a price by the provider

interest levied

Specifically used for taxes or interest charges imposed by authorities or banks

tariff imposed

Used in the context of international trade or official government duties

billing rate

Focuses on the hourly or periodic rate used for invoicing

service charge

Refers to the additional fee for a specific service rather than the base rate

expense billed

Highlights the act of sending an invoice for a specific cost

percentage assessed

Used when the charge is calculated as a portion of a larger total

commission taken

Refers to a specific cut or percentage kept by a broker or intermediary

FAQs

How to use "rate charged" in a sentence?

You can use "rate charged" to describe a specific cost structure, for example: "The interest <a href="/s/rate+charged" target="_blank" rel="alternative">rate charged on student loans has increased this year."

What can I say instead of "rate charged"?

Depending on the context, you can use alternatives like "<a href="/s/fee+applied" target="_blank" rel="alternative">fee applied", "<a href="/s/price+set" target="_blank" rel="alternative">price set" or "<a href="/s/interest+levied" target="_blank" rel="alternative">interest levied".

Which is correct: "rate charged" or "charged rate"?

Both are grammatically correct, but "rate charged" is much more common as a post-modifier in financial contexts. You might say "the <a href="/s/rate+charged" target="_blank" rel="alternative">rate charged by the bank" rather than "the charged rate."

Is "rate charged" formal?

Yes, it is highly appropriate for professional and academic contexts. For instance, in legal documents, you might see it used as "the <a href="/s/billing+rate" target="_blank" rel="alternative">billing rate or <a href="/s/rate+charged" target="_blank" rel="alternative">rate charged for legal services."