static rate
[/ˈstætɪk reɪt/]
nounpl: static rates
taxa fixa
1. A fixed rate that does not change over a specified period of time, commonly used in finance, insurance, or utility billing
The bank offered a static rate of 3.5% for the duration of the loan.
O banco ofereceu uma taxa fixa de 3,5% durante toda a duração do empréstimo.
2. In electricity or utility services, a charge that remains constant regardless of consumption
The static rate for water services is $50 per month regardless of usage.
A taxa fixa para serviços de água é de R$ 50 por mês independentemente do consumo.
In Brazil, static rates are particularly important in discussions about mortgages (financiamento imobiliário) and utility bills (contas de água, luz, e gás). The concept is widely understood in banking and consumer services contexts, where transparency about fixed versus variable rates is a key consumer protection concern.
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