Usually means: Minimum return without any risk.
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We found 5 dictionaries that define the word risk-free rate:

General (1 matching dictionary)
  1. Risk-free rate: Wikipedia, the Free Encyclopedia

Business (4 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Risk-free rate: bizterms.net
  3. risk-free rate, Risk-free rate: Financial dictionary

Definitions from Wikipedia (Risk-free rate)

noun:  The risk-free rate of return, usually shortened to the risk-free rate, is the rate of return of a hypothetical investment with scheduled payments over a fixed period of time that is assumed to meet all payment obligations.

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