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ratemaking
[ reyt-mey-king ]
noun
- the process or practice of establishing rates of payment, especially for public transportation or utilities.
adjective
- of or relating to ratemaking.
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Word History and Origins
Origin of ratemaking1
First recorded in 1820–30; rate 1( def ) + making ( def )
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Example Sentences
That almost-impossible-to-follow ratemaking process occurs in Sacramento at the California Public Utilities Commission without much city oversight at the moment.
From Voice of San Diego
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