Def - Rate - Market

The Market Rate reflects the estimated "market" value for the inventory. Market Rates are typically set by taking Cost Rates and adding additional components such as delivered freight, brokerage/rebate amounts, and desired profit margin. For each individual LotSK, this is calculated as the [Market Rate] + sum of all the [Market Rate - Layers]. 

Market Rates are typically maintained in companies where costs and/or margin needs to be shown/used in Sales Order based on the current market value of the item, not the Cost Rate.