What does "Rate" mean?
(n.) A tax or sum assessed by authority on property for public use, according to its income or value; esp., in England, a local tax; as, parish rates; town rates (n.) Established portion or measure; fixed allowance (n.) Order; arrangement (n.) Ratification; approval (n.) That which is established as a measure or criterion; degree; standard; rank; proportion; ratio; as, a slow rate of movement; rate of interest is the ratio of the interest to the principal, per annum (n.) The class of a merchant vessel for marine insurance, determined by its relative safety as a risk, as A1, A2, etc (n.) The gain or loss of a timepiece in a unit of time; as, daily rate; hourly rate; etc (n.) The order or class to which a war vessel belongs, determined according to its size, armament, etc.; as, first rate, second rate, etc (n.) Valuation; price fixed with relation to a standard; cost; charge; as, high or low rates of transportation (v. i.) To be set or considered in a class; to have rank; as, the ship rates as a ship of the line (v. i.) To make an estimate (v. t.) To assess for the payment of a rate or tax (v. t.) To ratify (v. t.) To set a certain estimate on; to value at a certain price or degree (v. t.) To settle the relative scale, rank, position, amount, value, or quality of; as, to rate a ship; to rate a seaman; to rate a pension (v. t. & i.) To chide with vehemence; to scold; to censure violently
Example: "A 10-minute phone call at that rate would cost $5" Example: "They traveled at a rate of 55 miles per hour" Example: "He works at a great rate" Example: "This bond rates highly" Example: "The restaurant is rated highly in the food guide" Example: "How would you rate his chances to become President?"