单词 | penalty rate |
释义 | > as lemmaspenalty rate penalty rate n. a higher repayment rate on loans, etc., when certain conditions apply; (Australian) an increased rate of pay for overtime, working on a Sunday, etc. ΚΠ 1924 Jrnl. Amer. Statist. Assoc. 19 418 Federal reserve discount rates, in order to be effective, must be penalty rates. 1948 Industr. Information Bull. (Austral.) Feb. 89 The Commissioner made orders increasing the penalty rate applicable to work performed on a holiday. 1986 Courier-Mail (Brisbane) 23 Sept. 23/5 Penalty rates added to labor costs have had a significant impact on the running and profitability of Queensland's two casinos. 2003 Africa News (Nexis) 14 Nov. The Act makes further provision for a penalty rate of four times the land rate if the property remains undeveloped for a period of five years. < as lemmas |
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