Rate Meaning: Definition, Examples, and Translations
⭐️
rate
[reɪt ]
Definitions
finance
A measure, quantity, or frequency, typically one measured against some other quantity or measure.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| rate |
Same as above.
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| percentage |
Refers to a proportion or share in relation to a whole, often expressed as a fraction of 100.
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| level |
Best used to describe a position or rank in a scale, height in a specific place, or amount of something compared to a plane or standard. It can also refer to emotional or intensity states.
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| standard |
Used to describe a level of quality, achievement, or criterion that is widely recognized as a model or norm. It can be both positive and neutral.
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Examples of usage
- The interest rates are expected to rise next month.
- The exchange rate of the dollar against the euro is fluctuating.
evaluate
Assign a standard or value to (something) according to a particular scale.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| rate |
Used when giving a score or level to something, often in a numerical value. Can be employed in both informal and formal situations.
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| evaluate |
Used when determining the significance, worth, or condition of something, often through detailed analysis. Frequently used in academic, business, and scientific contexts.
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| assess |
Applied when examining something carefully to form an opinion about its value, quality, or importance. Commonly used in academic, professional, and medical contexts.
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| judge |
Often used when forming an opinion or conclusion about someone or something, sometimes implying a sense of personal opinion or bias. Can have a negative connotation if perceived as being overly critical.
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Examples of usage
- The professor asked the students to rate the importance of each factor.
- Customers are encouraged to rate their shopping experience on a scale of 1 to 5.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Economics
- In finance, 'interest rates' are crucial for determining how much one pays to borrow money.
- Credit ratings impact loan approvals, with higher ratings leading to lower interest costs.
- The exchange rate influences international trade, impacting how much currency is worth against another.
Media and Reviews
- Ratings on platforms like film databases help audiences choose movies based on popularity.
- Review aggregator sites collect scores from multiple critics to provide an average rating.
- The practice of rating products helps consumers make informed choices before purchasing.
Science and Research
- In research, a 'rate' often refers to the frequency of an event per unit of time.
- The rate of evolution varies among species, highlighting different pathways of adaptation.
- In public health, infection rates guide policies and public perception of disease spread.
Psychology
- People tend to rate experiences not only on enjoyment but also on expectations.
- The 'halo effect' shows that a person's overall impression can influence how they rate specific traits.
- Surveys often use a Likert scale to rate opinions on a particular topic, aiding psychological studies.
Origin of 'rate'
Main points about word origin
- The word comes from the Latin word 'rata', meaning 'fixed' or 'determined'.
- Originally used in commerce, it referred to the assessment of a value or price.
- Its usage evolved in the 14th century, expanding to evaluate quality and performance.
The word 'rate' originated from the Latin word 'ratus', meaning 'reckoned or estimated'. Over time, it evolved to represent a measure or evaluation. In the context of finance, 'rate' gained significance as a metric for comparison and assessment. Today, 'rate' is widely used in various fields to indicate a standard or value assigned to something.
See also: berate, overrate, overrated, rated, rates, rating, ratings, underrate, underrated, underrating.