A "rate fence" is a person who purchases a service at list price and later sells the service at a premium to another person.This practice is often illegal or restricted as in "scalping" of tickets to a sporting event.

Question

Quizplus · Accepted Answer

A rate fence is the opposite of what is described in the statement. A rate fence purchases a service at a lower price, such as a discounted rate, and resells it at a higher price to another person. However, this practice may still be restricted or prohibited by the service provider.

A "Rate Fence" Is a Person Who Purchases a Service