noun
going price; market rate; general custom
Refers to the prevailing price or rate for something, or more broadly to a commonly accepted practice or norm. Often used in economic or social contexts.
この地域の通り相場は一坪あたり五十万円だ。
The going rate in this area is 500,000 yen per tsubo.
転職の際
A one-month handover period is the general custom when changing jobs.