higher rates
📖 Definitions
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Interest rates or tax rates that are higher than previous levels, average levels, or comparative benchmarks.; Premium prices or costs for goods and services compared to standard or lower-tier options.; Elevated frequencies or occurrences of a particular event or phenomenon.
💬 Examples
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The central bank announced higher rates to combat rising inflation.
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Consumers are facing higher rates for insurance due to increased risk factors.
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The study linked higher rates of accidents to poor lighting conditions.