What is the definition of Rate structure? | Dictionary.net

RATE STRUCTURE

\ɹˈe͡ɪt stɹˈʌkt͡ʃə], \ɹˈe‍ɪt stɹˈʌkt‍ʃə], \ɹ_ˈeɪ_t s_t_ɹ_ˈʌ_k_tʃ_ə]\

Definitions of RATE STRUCTURE

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

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The rate structure is a set of causes that a utility firm uses to compute the consumers charges. Water bills and telephone bills can be straightforward while electric bills are complex.

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

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