What is the definition of Rack rate? | Dictionary.net

RACK RATE

\ɹˈak ɹˈe͡ɪt], \ɹˈak ɹˈe‍ɪt], \ɹ_ˈa_k ɹ_ˈeɪ_t]\

Definitions of RACK RATE

1910 - Black's Law Dictionary (2nd edition)

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The rate that is charged for a hotel room or accomodation when a person just walks in off tyhe street. It is usually more expensive than the rates that are charged by a third party such as a travel agent or via the internet.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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