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Flat rate is a method of payment used by auto manufactures, dealerships and independent repair facilities whereby every repair has an assigned time value. Better technicians prefer to be paid this way as it rewards experience and speed. Also commonly known as book time.
Wow Pete did I just see you replace that engine in just a few hours? Sure did Joe. I beat the shit out of "Flat Rate" by doing it in 5 hours! My next paycheck is gonna be huge!
by Self made man November 02, 2013
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Jul 24 Word of the Day
It’s an acronym standing for Can’t Remember A Fucking Thing. It’s usually used to describe embarrassment at being unable to remember someone (CRAFT moment); going onstage as the lead in the latest theatrical performance and your mind goes completely blank (CRAFT situation); the next morning after a night when you got pissed as a fart and woke up in bed cuddling a traffic cone and a string of fairy lights wound round your prick.
β€œWhere did you go after we left the pub?”
β€œDunno, CRAFT.”
by AKACroatalin November 07, 2015
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