—n. 1. the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans. 2. a certain quantity or amount of one thing considered in relation to a unit of another thing and used as a standard or measure: at the rate of 60 miles an hour. 3. a fixed charge per unit of quantity: a rate of 10 cents a pound. 4. price; cost: to cut rates on all home furnishings. 5. degree of speed, progress, etc.: to work at a rapid rate. 6. degree or comparative extent of action or procedure: the rate of increase in work output. 7. relative condition or quality; grade, class, or sort.
8. assigned position in any of a series of graded classes; rating.
9. Insurance.the premium charge per unit of insurance.
10. a charge by a common carrier for transportation, sometimes including certain services involved in rendering such transportation.
11. a wage paid on a specified time basis: a salary figured on an hourly rate. 12. a charge or price established in accordance with a scale or standard: hotel rates based on length of stay. 13. Horol.the relative adherence of a timepiece to perfect timekeeping, measured in terms of the amount of time gained or lost within a certain period.
14. Usually, rates.Brit. a. a tax on property for some local purpose.
b. any tax assessed and paid to a local government, as any city tax or district tax.
15. at any rate, a. in any event; in any case.
b. at least: It was a mediocre film, but at any rate there was one outstanding individual performance.
—v.t. 1. to estimate the value or worth of; appraise: to rate a student's class performance. 2. to esteem, consider, or account: He was rated one of the best writers around. 3. to fix at a certain rate, as of charge or payment.
4. to value for purposes of taxation or the like.
5. to make subject to the payment of a certain rate or tax.
6. to place in a certain rank, class, etc., as a ship or a sailor; give a specific rating to.
7. to be considered or treated as worthy of; merit: an event that doesn't even rate a mention in most histories of the period. 8. to arrange for the conveyance of (goods) at a certain rate.
—v.i. 1. to have value, standing, etc.: a performance that didn't rate very high in the competition. 2. to have position in a certain class.
3. to rank very high in estimation: The new teacher really rates with our class.
Pronunciation: (rāt),[key] —v.t., v.i.,rat•ed, rat•ing. to chide vehemently; scold.