rate
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Rate
Value, measure, or degree; a charge, payment, or price determined through the application of a mathematical formula or based upon a scale or standard.
For example, an interest rate is determined by the ratio between the principal and interest.
Rate is also used synonymously with tax.
rate
noun amount, assessment, charge, cost, expense, fare, fee, hire, magno, obligation, pace, parvo emere, price, quotation, standard, tempo, valuation, value, velocity, worthAssociated concepts: legal rate of interest, rate of exchange
rate
verb aestimare, appraise, apprize, assess, class, classify, compute, determine, esteem, estimate, evaluate, figure, fix the price of, gauge, grade, judge, measure, merit, price, quantify, rank, reckon, set a value on, tag, value, weighSee also: amount, appraise, arrange, assess, assessment, calculate, caliber, charge, classify, cost, criticize, differential, duty, earnings, estimate, evaluate, expense, face amount, frequency, gauge, inveigh, levy, measure, organize, par, pigeonhole, price, quality, rebuke, reprehend, sum, tax, worth
RATE. A public valuation or assessment of every man's estate; or the ascertaining how much tax every one shall pay. Vide Pow. Mortg. Index, h.t.; Harr. Dig. h.t.; 1 Hopk. C. R. 87.