rate setting

rate setting - The process by which postage rates and fees are changed under the joint responsibility of the USPS and the Postal Rate Commission (PRC). USPS managers recommend proposed rates for all mail classes to the Board of Governors; with the approval of the Board, the proposed rates are sent to the PRC, which holds public hearings and recommends rates. If the Board finds these rates unsatisfactory, it may modify them by unanimous vote. (Also see Domestic Mail Classification Schedule)

Glossary of postal terms. 2014.

Look at other dictionaries:

  • rate-setting — UK US noun [U] ► ECONOMICS, BANKING a central bank s decision about the level of its main interest rate: »The Fed s next rate setting meeting falls on Aug 20 …   Financial and business terms

  • rate-setting engineer — darbo normavimo inžinierius statusas T sritis profesijos apibrėžtis Inžinierius, kuris parengia ir įdiegia techniškai pagrįstas ir įvairioms darbo rūšims tam tikromis gamybos sąlygomis įmonėje arba gamykloje taikomas darbo sąnaudų normas,… …   Inžinieriai, technikai ir technologai. Trikalbis aiškinamasis žodynėlis

  • rate-setting technician — darbo normavimo technikas statusas T sritis profesijos apibrėžtis Technikas, kuris statybos aikštelėje atstovauja statybos architektui ir tikrina, ar sutartis vykdoma laikantis medžiagoms ir apdailai keliamų standartų ir techninių sąlygų… …   Inžinieriai, technikai ir technologai. Trikalbis aiškinamasis žodynėlis

  • Delayed Rate Setting Swap — An exchange of cash flows, one of which is based on a fixed interest rate and one of which is based on a floating interest rate, in which the spread (difference) between the fixed and floating interest rates is determined when the swap is… …   Investment dictionary

  • Rate-of-return regulation — is a system for setting the prices charged by regulated monopolies. The central idea is that monopoly firms should be required to charge the price that would prevail in a competitive market, which is equal to efficient costs of production plus a… …   Wikipedia

  • rate base — n: the total fair value of public utility property that is used in rendering services and that comprises the investment on which a fair rate of return is based in setting utility rates Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • rate-capping — rateˈ capping noun The setting by central government of an upper limit on the rate that can be levied by a local authority • • • Main Entry: ↑rate …   Useful english dictionary

  • rate of return pricing — Setting the prices of a range of products so that they earn a predetermined required rate of return or return on capital employed …   Accounting dictionary

  • Rate function — In mathematics mdash; specifically, in large deviations theory mdash; a rate function is a function used to quantify the probabilities of rare events. It is required to have several nice properties which assist in the formulation of the large… …   Wikipedia

  • Rate contract — A Rate Contract or a Rate Agreement (RC in short) is a procurement cost reduction stategy aimed at standardizing procurement prices for commonly procured, homogenous and price varying inputs. TimingA rate contract is usually attempted when a… …   Wikipedia


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