set rate

[/sɛt reɪt/]
nounpl: set rates
taxa fixa
1. A fixed or predetermined interest rate or charge that does not change during a specified period
The mortgage has a set rate of 3.5% for the first five years.
A hipoteca tem uma taxa fixa de 3,5% nos primeiros cinco anos.
2. An established price or charge that remains constant and is not subject to negotiation
The hotel offers a set rate for room reservations made in advance.
O hotel oferece uma taxa fixa para reservas de quartos feitas com antecedência.
3. A standardized tariff or fee applied uniformly to all customers
The taxi company charges a set rate per mile regardless of traffic conditions.
A empresa de táxi cobra uma taxa fixa por quilômetro, independentemente das condições de trânsito.
In Brazil, 'taxa fixa' is commonly used in mortgage discussions, insurance policies, and service agreements. The concept is particularly important in Brazilian banking due to historical inflation concerns. Americans often prefer 'set rate' in financial documentation, while the term is equally important in both economies for consumer protection and financial planning.
Synonyms / Sinônimos
fixed rateflat ratestandard ratepredetermined ratelocked-in rate
Antonyms / Antônimos
variable ratefloating rateadjustable ratenegotiable rate

Regional Variations

General Brazilian
taxa fixa
Standard term used in financial and commercial contexts
Rio de Janeiro
taxa fixa
Common in tourism and taxi services
São Paulo
taxa fixa
Widely used in banking and corporate settings
Portugal
taxa fixa
Used identically in Portuguese banking terminology

Related Words

interest rateexchange ratepremium ratebase ratetarifffixed price

Related Idioms & Phrases

lock in a rate
set a fixed rate
agree on a set rate
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