Dictionary definition · rate
noun
- a magnitude or frequency relative to a time unit"they traveled at a rate of 55 miles per hour"
- amount of a charge or payment relative to some basis"a 10-minute phone call at that rate would cost $5"
- the relative speed of progress or change"he lived at a fast pace"
- a quantity or amount or measure considered as a proportion of another quantity or amount or measure"the literacy rate"
verb
- assign a rank or rating to"how would you rank these students?"
- be worthy of or have a certain rating"This bond rates highly"
- estimate the value of"How would you rate his chances to become President?"
Source: Open English WordNet (CC BY 4.0).