Ratchet in a Sentence  ðŸ”Š

Definition of Ratchet

to increase/decrease by small amounts

Examples of Ratchet in a sentence

The state of Louisiana’s insurance rates continue to ratchet, rising a few dollars every six months.  ðŸ”Š

Gas prices seem to ratchet up a little each week but by no more than a few cents.  ðŸ”Š

The borrower’s student loan interest rate is set to ratchet up a small amount each year but will never reach a cap.  ðŸ”Š

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