low-rate
UK[ˈləʊ ˌreɪt]US[ˈloʊ ˌreɪt]
adj
having a low rate or level, especially of interest, payment, or occurrence
Morpheme Breakdown
low
rate
low
having little height/amount
rate
measure/price
Etymology
The compound adjective "low-rate" is a modern English formation combining two native concepts. "Low" originates from the Old English word for "not high," a fundamental spatial concept that extended metaphorically to describe small quantities or degrees. "Rate" entered English via Old French from the Latin "rata," meaning a fixed or reckoned portion, evolving to signify a measure, speed, or price. The literal combination, "low rate," logically denotes something measured or priced at a small degree, a meaning directly preserved in its modern financial and quantitative applications.
Analysis
Structure: low (having little height/amount) + rate (measure/price)
low: From Old English "hlāh," "hlēo," or "hlēow" (low in position, not high), of Germanic origin; related to Dutch "laag" and German "niedrig." Functions as an adjective describing a small degree or amount.
rate: From Old French "rate" (price, value) and directly from Medieval Latin "rata" (part, portion, share), from Latin "rata (pars)" (fixed (part)), from "ratus," past participle of "rērī" (to reckon, think). Functions as a noun meaning a measure, speed, or price.
Examples
They secured a low-rate mortgage for their first home.
The bank is offering low-rate loans to small businesses.
This is a low-rate, high-quality service provider.