Rate

Rate is a versatile word with multiple meanings. Primarily, it signifies the *measure, quantity, or frequency* of something over a given period. It can also describe an *evaluation or judgment* of someone or something. In finance and economics, Rate refers to a *price, fee, or percentage* associated with a service, commodity, or investment. It can further indicate to *be considered or classified* in a certain way, as well as to *regard or assess* someone or something. The usage of "rate" usually needs the subject it is measuring, evaluating, or classifying to be stated for clarity.

Rate meaning with examples

• The inflation Rate increased by 2% last month, impacting the cost of living. Economists carefully monitor the jobless Rate to gauge the economy's health, and many are worried that an interest Rate rise is imminent. The accident Rate on that road has decreased since the new speed cameras were installed. This Rate of productivity will allow us to complete the project on time.
• The restaurant's online rating plummeted after the food poisoning incident. Reviewers consistently Rate this movie as one of the best films of the year. The customer service team strives to improve their customer satisfaction Rate to increase their score. Teachers often Rate student’s performance based on a grading scheme that has clearly outlined metrics and instructions.
• The bank offers a competitive interest Rate on savings accounts. The shipping Rate for international orders is calculated based on weight and destination. I was shocked at the current Rate they are charging for this item! The insurance Rate has increased due to rising claims, forcing families to pay extra for their home insurance. They charged a 10% commission Rate for the sale.
• The hotel is highly rated, known for its excellent service and amenities. The artist's new album is rated R, not suitable for younger audiences. Her performance was rated the best in the competition. The service provider’s overall rating increased due to improved customer satisfaction scores, making them more competitive in the market.
• I Rate his skills as average. The reviewer rates this novel as a captivating read. I would Rate the quality of this product as satisfactory. The manager rated the employee's performance as exceeding expectations, earning them a bonus. They rated her contribution as significant, acknowledging her dedication.