Rate

/reɪt/

Meaning & Definition

noun
A measure, quantity, or frequency, typically one measured against some other quantity or measure.
The interest rate on loans has increased this year.
The amount of a charge or payment given for something, especially for service or usage.
The hotel charges a daily rate for accommodation.
The speed at which something happens or changes.
The birth rate has declined over the past decade.
verb
To assign a standard, value, or grade to something based on evaluation.
Teachers must rate the students' performances based on their criteria.
To consider or regard in a specified way.
I would rate that movie as one of the best of the year.

Etymology

Middle English, from Old French 'rate', meaning 'a fixed or stipulated amount'.

Common Phrases and Expressions

rate of return:
The gain or loss made on an investment relative to the amount of money invested.
rate yourself:
To evaluate your own performance or abilities.
exchange rate:
The value of one currency for the purpose of conversion to another.

Related Words

Slang Meanings

To evaluate someone positively or negatively.
She really rates him as a singer, claiming he's one of the best around.
To assign a significance or worth to an experience.
That concert was awesome, I totally rate it!