rates

/reɪts/
noun
  1. A fixed price or charge for a service or amount of something.
    • We pay a flat rate for unlimited internet access.
    • Interest rates on loans have gone up this year.
    • The hotel offers special rates for weekend stays.
  2. A measure of speed, frequency, or quantity compared to something else.
    • Birth rates are declining in many developed countries.
    • The crime rate in the city has dropped significantly.
    • The heart rate increases during exercise.
  3. A local tax paid by property owners, especially in the UK.
    • The council has increased the rates on commercial buildings.
    • Homeowners must pay their rates by the end of the month.
    • The new budget includes a small rise in municipal rates.
verb
  1. To judge or assign a value, rank, or level to something.
    • The company rates its employees on a scale of one to five.
    • How would you rate your experience with our service?
    • Critics rate the movie as one of the best of the year.
  2. To deserve or be worthy of something.
    • The team's performance rates high praise from the coach.
    • That kind of behavior rates a serious warning.
    • Her hard work rates a promotion.
What does "rates" mean? | whatsthatwordmean | whatsthatwordmean