time rate

noun

A form of compensation in which an employee is paid for the amount of time spent at work, usually as a weekly wage or a monthly salary.

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Meanings

nountime rate (plural time rates)

plural time rates

  1. human resourcesbusinessA form of compensation in which an employee is paid for the amount of time spent at work, usually as a weekly wage or a monthly salary.
  2. businessThe rate of fare assessed for use of a taxicab based upon an element of time.
Cite this entry
APA

time rate. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/time%20rate

MLA

“time rate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/time%20rate. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “time rate,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/time%20rate.

Source: time rate on Wiktionary, CC BY-SA 4.0.