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English definition of “rate”

rate

noun [C]     /reɪt/
HOW MANY B2 how often something happens, or how many people something happens to: the birth rate the rate of unemploymentWeighing and measuring
MONEY B2 a fixed amount of money given for something: the interest/exchange rate rates of payGeneral words for amounts of moneyLarge amounts of moneySmall amounts of money
SPEED B2 the speed at which something happens: the rate of progressSpeed of motion
at this rate used before saying what will happen if a situation continues in the same way: At this rate we're not going to be there till midnight.Similar and the sameDescribing people with the same qualities
at any rate used before saying one fact that is certain in a situation that you are generally not certain about: Well, at any rate we need her to be there.Connecting words which express a contrast
first-/second-/third-rate very good, bad, or very bad: a first-rate hotel → See also birth rate, exchange rateExtremely goodNot of good qualityRubbish and wasteInformal words for bad
(Definition of rate noun from the Cambridge Learner's Dictionary © Cambridge University Press)

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