grouprate
nounUK /ˈɡruːp.reɪt/
US /ˈɡruːp.reɪt/
A grouprate is a special lower price that a whole group of people gets together.
The hotel gave us a grouprate because ten of us booked rooms at the same time.
RELATED WORDS
OTHER MEANINGS
2. A price charged per group rather than per person.
The tour costs a flat grouprate no matter how many friends join.
3. A reduced fare offered to organizations, schools, or clubs.
Our school got a grouprate for the museum visit.
4. To arrange a shared price for several people booking together.
We grouprated the tickets so everyone paid less.