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1rate Listen to audio/ˈreɪt/ noun
plural rates
[count] 1 : the speed at which something happens over a particular period of time
The cold weather meant a slower growing rate for many crops. At the rate we're moving, it will be morning before we arrive. People work at different rates. Gun violence is increasing at an alarming rate. Snow was falling at a rate of three inches per hour. There has been a fall in the rate of inflation.
2 : the number of times something happens or is done during a particular period of time
There is a high success rate for this surgery. [=this surgery is often/usually successful] Economists are concerned about the city's rising unemployment rate. [=the increasing number of people who are unemployed] Crime rates have declined in recent years. The nurse will check your heart/pulse rate. [=the number of times your heart beats in a minute]see also birthrate, death rate
3 : an amount that is paid : a price or amount to be paid that is set according to a scale or standard
The hotel's rates start at $65/night. [=the least expensive rooms at the hotel cost $65 for one night's stay and other rooms cost more than $65] What's the interest rate on the loan? tax rates Regular admission to the theater is $12, the student rate is $8, and the rate for senior citizens is $6.see also exchange rate, prime rate
at any rate
used to indicate that something is true or certain regardless of what else has happened or been said This restaurant has the best food—or at any rate, the best pasta dishes—in the city. At any rate [=in any case], cooking with fresh ingredients makes everything taste better. It is possible that she was nervous. At any rate, her singing was still good.
at a rate of knots
Brit, informal : very fast or quickly
We were bowling along the motorway at a rate of knots.
at this/that rate
: if things continue to happen in the same way they have been happening
At this rate, the town's farmland will be gone within 20 years.
going rate
: the average or usual price that is charged for something
What's the going rate for a new computer? You can hire a babysitter for a going rate of $10/hour.
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