rank noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

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rank

noun
 
 
/ræŋk/
[C or U] a position in an organization such as the government, army, etc. that shows the importance of someone's job compared to other positions: high/low/middle rank The committee usually consists of people of a higher rank than the person being interviewed. a management/executive rank the top/highest rank Despite his lack of Cabinet rank, U.N. diplomats said that the US representative would be listened to carefully.
[S] a particular position in a list that shows how important, good, profitable, etc. something is compared to other things of the same type: the first/top/highest rank of sth A big merger would put the firm into the first rank of global companies.fall/slip in rank The fund has slipped in rank to eighth position in the Nasdaq. the bottom/lowest rank
ranks [plural] the members of a group or organization: Party ranks have grown by nearly 100,000.the ranks of sth The deal will help them join the ranks of the established leaders in the mobile phone market. the ordinary employees in a company, rather than the managers: Solidarity in the ranks has produced an agreement that protects jobs for our communities.
rise from/through the ranks to keep moving up from a low position in an organization to higher ones: He joined the company in 2000 and has been rising through the ranks ever since.
(Definition of rank noun from the Cambridge Business English Dictionary © Cambridge University Press)
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