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TeachMeFinance.com - explain Contract rate Contract rate The term 'Contract rate' as it applies to the area of reclamation can be defined as ' The repayment or water service rate set forth in a contract to be paid by a district to the United States'. Previous 5 Terms: Contract commodity Contract for future sale Contract payments under AMTA Contract price Contract production Next 5 Terms: Contract receipts Contract sanctity Contracted gas Contracted weir Contraction joint About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.