take rate

USAGE SUMMARY

The phrase "take rate" is correct and usable in written English.
It is commonly used in business and finance contexts to refer to the percentage of a transaction that a service provider retains as revenue. Example: "The platform's take rate has increased, leading to higher profits for the company."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

42 human-written examples

We take rate of false alarm (= 0.005).

Journal of Industrial Engineering International

We do charge a take rate of 15percentt.

TechCrunch

So you can see our take rate is much higher than any other payments company.

TechCrunch

The healing process of the myringoplasty, graft take rate, pure-tone hearing level, and tympanogram were reviewed.

Otolaryngology - Head and Neck Surgery

We found that impairment of p70S6K activity in breast cancer cells strongly decreased their tumor take rate in nude mice.

Molecular Oncology

Part of the reason is we do a lot more than, say, Alibaba, which doesn't charge a take rate.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

18 human-written examples

"They take rating agencies seriously.

The Economist

While the Fed is moving slowly, bond traders have been quick to take rates on United States Treasury bonds higher.

The New York Times

Success or "take rates" of the first skin to be used in burns units had been lower than expected.

The Guardian

Take rates were in the 75 to 88% range.

The American Journal of Pathology

Take rates in the latter category vary from 2%to4%4%, leaving plenty of room for increases.

TechCrunch

Expert writing Tips

Best practice

When discussing marketplace businesses or platforms, clearly define what constitutes the "take" to avoid ambiguity; specify if it includes processing fees or other deductions.

Common error

Don't use "take rate" interchangeably with gross revenue. "Take rate" is a percentage of the total transaction, while gross revenue is the total amount of money received before any deductions.

Linguistic Context

The phrase "take rate" functions primarily as a noun phrase, often used as a technical term in business, finance, and science. As Ludwig AI underlines, the expression identifies a proportion or percentage retained, applied, or observed within a given context, whether transactional, experimental, or operational.

Expression frequency: Very common

Frequent in

Science

37%

News & Media

35%

Formal & Business

28%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the term "take rate" is a widely used noun phrase across various domains, including science, news media, and formal business settings. Ludwig AI confirms its grammatical correctness and prevalence in professional contexts. This phrase denotes a proportion, usually a percentage, that is retained or observed in a specific process or transaction. While "take rate" is versatile, alternatives such as "commission percentage" or "revenue share" might be more appropriate depending on the context. When using "take rate", it's crucial to avoid confusing it with gross revenue and to clearly define its components to ensure clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

commission percentage

Replaces "take rate" with a term more explicitly indicating a commission-based fee.

revenue share

Replaces "take rate" with a term emphasizing the portion of revenue received by a party.

success rate

Similar to "take rate" but applicable in scenarios beyond transactions, such as medical procedures or experiments.

adoption rate

Focuses on the rate at which something is being adopted or accepted.

acceptance ratio

Replaces "rate" with "ratio", emphasizing the proportion of acceptances.

profit margin

Refers to the difference between revenue and cost of goods sold, often expressed as a percentage.

extraction fee

Describes a specific fee charged for extracting value or resources.

utilization percentage

Indicates the degree to which a resource or service is being used.

conversion rate

Measures the percentage of users who complete a desired action, such as a purchase.

yield rate

Refers to the return on an investment, often expressed as a percentage.

FAQs

What does "take rate" mean in business?

In business, "take rate" typically refers to the percentage of revenue that a platform or service provider retains from a transaction. It's often used in the context of marketplaces, e-commerce, and payment processing.

How is "take rate" calculated?

The "take rate" is calculated by dividing the revenue earned by the platform by the total transaction value, then multiplying by 100 to express it as a percentage. For example, if a platform earns $1 from a $10 transaction, the take rate is 10%.

What is a good "take rate" for a marketplace business?

A good "take rate" varies depending on the industry, business model, and competitive landscape. Generally, a sustainable "take rate" typically falls between 10% and 30%, but some marketplaces may have lower or higher rates depending on their value proposition and cost structure.

Are there alternatives to using "take rate" in a sentence?

Yes, depending on the context, you can use alternatives like "commission percentage", "revenue share", or "extraction fee" to describe the same concept. The best alternative depends on the specific nuance you want to convey.