The term All-in rate is used in both

Construction Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and com ...

and the

Financial Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

sector. It essentially just means "full costs charged for a service".

Financial Definition

In general

finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

terminology, an all-in rate is the rate that a financial institution uses in charging

customers In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for m ...

for accepting

bankers' acceptance A banker's acceptance is a commitment by a bank to make a requested future payment. The request will typically specify the payee, the amount, and the date on which it is eligible for payment. After acceptance, the request becomes an unconditional ...

s, consisting of the

bankers' acceptance rate A banker's acceptance is a commitment by a bank to make a requested future payment. The request will typically specify the payee, the amount, and the date on which it is eligible for payment. After acceptance, the request becomes an unconditional ...

(here considered as actually an amount of money, not an amount of money per unit of time, although it may happen to coincide with a rate per unit of time if the time to maturity happens to equal the unit of time used to calculate the rate) plus the commission.

Construction Estimate Definition

In construction terminology, an all-in rate is the total cost of an item including all direct and indirect costs for that item. These costs would include the gross hourly cost of employing the site operative, based upon the standard working week for the country, including items such as

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

s, statutory contributions and

taxes A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or ...

. The all-in labour rate for the Middle East includes the cost of importing labour and for food and accommodation.Building International Costs 2005
/ref> Example: All-In Labor Rate = (Total Direct Cost of Labor + Total Indirect Cost of Labor) / Total work hours

References

{{DEFAULTSORT:All-In Rate Banking Building engineering