secure a rate

USAGE SUMMARY

The phrase "secure a rate" is correct and usable in written English.
You can use it when discussing the process of obtaining or locking in a specific price or interest rate, often in financial contexts. Example: "To ensure the best deal, it's important to secure a rate before the market changes."

✓ Grammatically correct

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Rates are being pulled with little or no notice so borrowers need to move quickly to secure a rate they like the look of.

Independent

* It is at least very doubtful that a utility that is in position to secure a rate increase on grounds having nothing to do with the price paid for its gas would fail to request a rate increase that included as well the entire amount paid for gas purchased from pipelines and sold to consumers.

Cornell University

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

Grealish, who had again performed his attacking duties commendably to that point – securing a rating of 8.0 before Ayew's introduction in the 66th minute – was again exposed.

The Guardian - Sport

Given that 10 of his 20 league appearances came as a substitute, Traoré averaged 51.2 passes per 90 minutes at an 86.8% success rate and secured a rating of 7.12 in his starts in Ligue 1 last season.

The Guardian - Sport

With a further seven assists, he secured a rating of 7.30 and, with 10 international goals already, Milik is a mainstay for Poland as they aim to live up to their dark horse billing in France.

The Guardian - Sport

Over the past two seasons the 24-year-old has shone in European competition, securing a rating of 7.21 from eight Champions League appearances for Shakhtar Donetsk last season, following on from a score of 7.38 the previous campaign.

The Guardian - Sport

This means that a basic-rate taxpayer will need to secure a gross rate of at least 2.38% on their savings to earn interest in "real" terms.

The Guardian - Money

The reason most people choose to not lock in the interest rate when they apply for their mortgage, is that if rates go down before their closing, they are afraid they will miss the opportunity to secure a lower rate.

Forbes

"Borrowers still sitting on their SVR or coming to the end of a fixed mortgage deal need to act fast to secure a low rate".

The Guardian - Money

If it can secure a typical rate of about 8% interest, the payment level will be about half what it is today.

The Guardian

Pre-ordering currency – either for home delivery or for pick-up – is one way that consumers can secure a better rate.

The Guardian - Business

Expert writing Tips

Best practice

When discussing financial matters like mortgages or loans, use "secure a rate" to emphasize the action of obtaining and solidifying a specific interest rate. This is particularly useful when advising borrowers to act quickly to take advantage of favorable conditions.

Common error

Avoid using "secure a rate" interchangeably with terms like "find a rate" or "look for a rate", which imply a search process rather than a final agreement. "Secure a rate" suggests a confirmed and locked-in agreement, providing a sense of certainty and stability.

Linguistic Context

The phrase "secure a rate" functions as a verb phrase where "secure" acts as a transitive verb, taking "a rate" as its direct object. Ludwig AI confirms that the phrase is correct and usable in written English, as seen in examples related to finance and agreements.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Academia

25%

Wiki

25%

Less common in

Formal & Business

0%

Science

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "secure a rate" is grammatically correct and conveys the action of obtaining and finalizing a specific price or interest rate. According to Ludwig AI, it is usable in written English, particularly in financial contexts. While "secure a rate" is not overly frequent, it appears in news and academic sources. To enhance writing, remember that "secure a rate" suggests a confirmed agreement, differentiating it from merely searching for a rate. Semantically related alternatives include "obtain a rate" and "lock in a rate".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Obtain a rate

Focuses on the action of getting a rate, similar to securing one.

Lock in a rate

Emphasizes the act of fixing a rate to prevent changes.

Guarantee a rate

Highlights the assurance of obtaining a specific rate.

Negotiate a rate

Focuses on the process of discussing and agreeing on a rate.

Establish a rate

Emphasizes the creation or setting of a rate.

Procure a rate

A more formal way of saying to obtain a rate.

Achieve a rate

Highlights the accomplishment of getting a desired rate.

Finalize a rate

Focuses on the completion of the rate agreement.

Arrange a rate

Highlights the act of setting up or organizing a rate.

Tie down a rate

Implies making the rate binding and unchangeable.

FAQs

What does it mean to "secure a rate"?

To "secure a rate" means to obtain and finalize an agreement on a specific price or interest rate, often in financial contexts such as mortgages or loans. It implies that the rate is locked in and guaranteed.

What can I say instead of "secure a rate"?

You can use alternatives like "obtain a rate", "lock in a rate", or "guarantee a rate" depending on the context.

Is it better to "secure a rate" or "find a rate"?

"Secure a rate" implies a finalized agreement, while "find a rate" suggests a search process. Securing a rate is preferable when you want to emphasize that the rate is locked in and guaranteed.

In what situations would I want to "secure a rate"?

You would typically want to "secure a rate" when you are ready to finalize a financial agreement, such as a mortgage or loan, and want to lock in a favorable interest rate to protect against future increases.