Hazardous Weather Outlook; Local Climatology; Mid-South Observations; More Current Weather
Business Jargons A Business Encyclopedia. Going-Rate Pricing. Definition: The Going-Rate Pricing is a method adopted by the firms wherein the product is priced as per the rates prevailing in the market especially on par with the competitors.
Dictionary of Financial Terms. Day rates are the rates a drilling contractor receives for a drilling rig from an oil company, or operator. Oil companies and contractors will typically agree on a total price for a contract. By dividing the total contract cost by the number of days in a contract, drillers come up with their dayrates.