midrate

English

Etymology

mid- +‎ rate

Noun

midrate (plural midrates)

  1. (finance) The average of the buying and selling rates for a currency.

Adjective

midrate (not comparable)

  1. Charging or costing a moderate rate, neither very high nor very low.
    • 2015 November 9, Dwight Garner, “Review: In ‘Hotels of North America,’ Rick Moody Examines the Middle-Aged Male in Free Fall”, in New York Times‎:
      Reginald, who is in his 50s, moves around the country, and sometimes internationally, for his work as a midrate motivational speaker.

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