agreed rate


Definition of agreed rate

: an especially low rate granted by a carrier to a shipper in return for the allocation of a high proportion of the shipper's freight to that carrier

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

First Known Use of agreed rate

1793, in the meaning defined above

Keep scrolling for more

Learn More about agreed rate

Time Traveler for agreed rate

Time Traveler

The first known use of agreed rate was in 1793

See more words from the same year

Statistics for agreed rate

Cite this Entry

“Agreed rate.” Dictionary, Merriam-Webster, Accessed 27 Jan. 2021.

Comments on agreed rate

What made you want to look up agreed rate? Please tell us where you read or heard it (including the quote, if possible).


Test Your Vocabulary

Slippery Words Quiz—Changing with the Times

  • ducreux self portrait yawning
  • What is an earlier meaning of nice?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!


Anagram puzzles meet word search.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!