Rate \Rate\, v. t. [imp. & p. p. Rated; p. pr. & vb. n.
   Rating.]
   1. To set a certain estimate on; to value at a certain price
      or degree.
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            To rate a man by the nature of his companions is a
            rule frequent indeed, but not infallible. --South.
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            You seem not high enough your joys to rate.
                                                  --Dryden.
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   2. To assess for the payment of a rate or tax.
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   3. To settle the relative scale, rank, position, amount,
      value, or quality of; as, to rate a ship; to rate a
      seaman; to rate a pension.
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   4. To ratify. [Obs.] "To rate the truce." --Chapman.
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   To rate a chronometer, to ascertain the exact rate of its
      gain or loss as compared with true time, so as to make an
      allowance or computation dependent thereon.
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   Syn: To value; appraise; estimate; reckon.
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