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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.

low-rate – Meaning, Etymology & Word Origin | OpenEtymology