business rate
noun
ukus[C]BANKING,FINANCE
therateofinterestthatbankschargebusinessesforborrowingmoney:
I couldborrowtheextracashI need at abusinessrateof 4.89%.
business rates[plural]
TAX
anamountofmoneythatbusinessesarechargedastaxforlocalservices:
CentralLondonretailersplantodemandreductionsintheirbusinessrates.