An unpublished, individually negotiated rate given by a supplier to a wholesaler or retailer, or by a wholesaler to a retailer for resale. This wholesale rate is usually marked up for resale to the client.
Publisher's rates after deduction of agency commission.
Price of goods to be marked up for eventual resale to the consumer.
The actual rate paid by a policyowner for a participating insurance policy after dividends have been deducted from the total premiums paid. In a nonparticipating policy, the rate stated in the rate book.
A net rate is a non-commissionable rate that is give to a Merchant Model or Wholesale distribution channel.
Individual millage rate set by specified governing agency.
(1) The cost of air time that an advertiser pays when no advertising agency is involved. (2) The amount the station expects to be paid after the agency discount is taken. To calculate the Net Rate, multiply the gross rate by .85 (e.g., $11.76 gross rate x .85 = $10 net).
(1) See the third definition of Net Premium for the definition applicable to participating Life Insurance policies. (2) In a nonparticipating policy, the rate book rate.
A final rate after all discounts have been allowed.
This is the amount you pay per $100 of assessable earnings. It includes your base rate and your experience rating discount or surcharge (if applicable). Your net rate is expressed as a percentage. For example, if your net rate were 1.61 percent, you would pay $1.61 for every $100 of assessable earnings.