Define: Usage Rate

UK Accounting Glossary

Definition: Usage Rate



What is the dictionary definition of Usage Rate?

Dictionary Definition


The usage rate refers to the speed at which a raw material, commodity or other resource is used up.


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Synonyms For Usage Rate


rate of use, utilization ratio, rate of utilization, utilization factor, the take-up rate


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/usage-rate/
Modern Language Association (MLA):
Usage Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 29, 2020 https://payrollheaven.com/define/usage-rate/.
Chicago Manual of Style (CMS):
Usage Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/usage-rate/ (accessed: February 29, 2020).
American Psychological Association (APA):
Usage Rate. PayrollHeaven.com. Retrieved February 29, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/usage-rate/

Definition Sources


Definitions for Usage Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 29th January 2019.