Meaning of the word "rack rate" in English
What does "rack rate" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
rack rate
US /ˈræk reɪt/
UK /ˈræk reɪt/
Noun
1.
the standard, undiscounted rate for a hotel room, car rental, or other service, as published by the provider
Example:
•
The hotel's rack rate for a standard room is $200 per night.
•
Always ask if there's a discount available, as the rack rate is often negotiable.
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