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daily rate

Also found in: Financial.

daily rate

[¦dā·lē ‚rāt]
(horology)
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
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References in periodicals archive
During the month of December, hotels were charging less, with the average daily rate (ADR) dropping 4.3 per cent to Dh758.80, while the revenue per available room (RevPAR) fell 6.9 per cent to Dh600.98.
The Series 2018A bonds will initially bear interest at a daily rate and the Series 2018B bonds will initially bear interest at the weekly rate mode, but each series may be converted to a CP, adjustable or fixed rate.
For work payment during the special holiday, they will be paid an 'additional 30 percent of their basic wage on the first eight hours of work.' [(daily rate x 130%) + [ (Cost of Living Allowance) COLA].
Kuwait is pumping crude at a daily rate of 2.8 million barrels, the most since December 2016, the country's oil minister Bakheet al-Rashidi said as quoted by SandP Platts last week.
However, there was a 8.2pc fall in average daily rate (ADR) to BD58.71 and a 0.2pc growth in revenue per available room (RevPAR) to BD28.86.
The 2015 annual report includes the number of vehicles and trucks crossed the causeway in both directions that topped 10,427,541, at a daily rate of 28,569, marking an increase of 6.23% compared to 2014.
Muscat, Jan 16 (ONA) The Sultanate's total production of crude oil and condensates amounted during 2015 to 358,097,807 barrels, a daily rate of 981,090 barrels.
The rate would be nearly double the highest average daily rate hotels in the Central Business District have seen since 2009.
New York (AirGuideBusiness - Business & Industry News) Thu, Mar 6, 2014 - Hotel occupancy and average daily rate in the group and transient segments are poised to grow in 2014, TravelClick reports in its February 2014 North American Hospitality Review.
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