释义 |
rate relief Rate ReliefThe ability of a price controlled company to increase the prices that it charges customers. Companies in some industries thought to be necessary for consumers, notably utilities, may be allowed to charge only certain prices, which may or may not give them a profit. If the prices are resulting in a loss, a company may apply to the government for rate relief. If rate relief is granted, it can cause a significant increase in its stock price.rate relief An action taken to allow a regulated company, such as a utility, to charge higher rates (that is, the prices it charges its customers) so that it can generate greater revenues. Public utilities frequently seek rate relief by filing a request for rate increases with public regulatory bodies. The utility's success in obtaining rate relief has a very heavy impact on the value of its shares. |