Meaning of the word rated in English

What does rated mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

rated

US /ˈreɪtɪd/
UK /ˈreɪtɪd/

Adjective

assigned to a particular class or level, especially in terms of quality, value, or performance

Example:
The movie was rated PG-13 for violence.
This restaurant is highly rated by critics.