Rates: meaning, definitions and examples

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rates

[ reɪts ]

^{Context #1}

financial

Rates refer to the cost or price of borrowing money, typically expressed as a percentage over a specific period of time. They can also refer to the price of services or goods offered by a business.

Synonyms

charges, fees, prices

Examples of usage

The bank offers competitive rates for mortgages.
The interest rates have been steadily increasing over the past year.
Our company is considering raising our rates for our services.

^{Context #2}

statistics

In statistics, rates are used to measure the frequency or occurrence of an event within a specific population. They are often expressed as a ratio, proportion, or percentage.

Synonyms

percentages, proportions, ratios

Examples of usage

The mortality rate in the region has decreased significantly.
The unemployment rate is a key indicator of the country's economic health.

^{Context #3}

evaluate

To rate something means to assign a value or score to it based on a set of criteria. It can also refer to judging or assessing the quality or worth of something.

Synonyms

assess, evaluate, judge

Examples of usage

I would rate this movie as a 9 out of 10.
She is rated as one of the top performers in the company.

Translations

Translations of the word "rates" in other languages:

🇵🇹 taxas

tarifas
índices

🇮🇳 दरें

🇩🇪 Raten

Tarife
Preise

🇮🇩 tarif

tingkat
harga

🇺🇦 ставки

тарифи
оцінки

🇵🇱 stawki

taryfy
oceny

🇯🇵 料金

レート
評価

🇫🇷 taux

tarifs
évaluations

🇪🇸 tasas

tarifas
evaluaciones

🇹🇷 oranlar

tarifeler
değerlendirmeler

🇰🇷 요율

요금
평가

🇸🇦 أسعار

تعريفات
تقييمات

🇨🇿 sazby

tarify
hodnocení

🇸🇰 sadzby

tarify
hodnotenia

🇨🇳 费率

价格
评价

🇸🇮 stopnje

tarife
ocene

🇮🇸 gjöld

verðskrá
mat

🇰🇿 ставкалар

тарифтер
бағалау

🇬🇪 ტარიფები

🇦🇿 faiz dərəcələri

tariflər
qiymətləndirmələr

🇲🇽 tasas

tarifas
evaluaciones

Word origin

The word 'rates' has its origins in Middle English, derived from the Old French word 'rata', which means 'fixed amount'. The concept of rates has been integral to commerce and finance throughout history, with the practice of borrowing money at an agreed-upon rate dating back centuries. In modern times, rates play a crucial role in various fields such as economics, statistics, and business.