What is another word for rate of payment?
Pronunciation: [ɹˈe͡ɪt ɒv pˈe͡ɪmənt] (IPA) 
The term "rate of payment" refers to the amount of money paid for a specific period of time or for a specific task or service. Synonyms for this term include "compensation rate," "wage rate," "salary rate," "remuneration rate," "hourly rate," "daily rate," "weekly rate," "monthly rate," and "annual rate." These synonyms help to provide clarity and specificity when discussing payment arrangements and can help avoid confusion in negotiations and contracts. It is important to define the rate of payment clearly in order to ensure that all parties involved have a mutual understanding of expectations and obligations.
