What is Mates Rates?
1.
To sell a product or service to someone at the same or close to what the product or service will cost you. Hence the person that you are selling to is being given a substantial discount on the normal price. As the term "
Bob: "Hey Johnno, how much did you pay for that computer?"
John: "Got it real cheap mate. Trev sold it to me at mates rates."
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A derogatory comment that is akin to telling someone to shove a coconut up their bunghole.
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1.
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