Usually means: Payment based on work output.
Definitions Related words Mentions
We found 13 dictionaries that define the word piece rate:

General (11 matching dictionaries)
  1. piece rate: Longman Dictionary of Contemporary English
  2. piece rate: Merriam-Webster
  3. piece rate: Oxford Learner's Dictionaries
  4. piece rate: Collins English Dictionary
  5. piece rate: Wiktionary
  6. piece rate: Infoplease Dictionary
  7. piece rate: Dictionary.com
  8. Piece rate: Wikipedia, the Free Encyclopedia
  9. piece-rate, piece rate: TheFreeDictionary.com

Business (1 matching dictionary)
  1. BusinessDictionary.com (No longer online)

Computing (1 matching dictionary)
  1. piece-rate, piece rate: Encyclopedia

Definitions from Wiktionary (piece rate)

noun:  The monetary amount paid per unit of production in the reward scheme of piece work, contrasting with hourly wage and salary.

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