Meaning of the word rates in English

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

rates

US /reɪts/
UK /reɪts/

Noun

1.

a measure, quantity, or frequency, typically one measured against another quantity or standard

Example:
The unemployment rates have decreased this quarter.
The car was traveling at a high rate of speed.
2.

a charge or payment fixed according to a moving scale

Example:
The hotel offers special rates for corporate clients.
What are the current interest rates?

Verb

1.

assess the value or quality of (something)

Example:
How would you rate his performance?
I rate him as one of the best players.
2.

assign a particular rank or standard to

Example:
The film was rated PG-13.
The restaurant is highly rated by critics.