1. To think something is sick, cool, good or hot.
2. The price you charge for a good or service. ie Drugs
1. "I fully rate the new mags you've got."
"I really rate that new girl at work."
2. "$250AUD an ounce is the rate. You don't like it, fuck off."
by Diego July 31, 2003
Get the rate mug.
Rate that is a term used to agree with a comment or statement in general conversation.

It is used to say the comment or statement made is worthy of being rated.
Abraham - "This teachers a cunt"
Bobby - "Rate that!"
by Schizakompf January 28, 2011
Get the Rate That mug.
The state of being neither overrated nor underrated, but still noteworthy.
A: "I think that Chicago is seriously underrated."
B: I don't think it's either overrated or underrated, just rated.

A: "I think that the rural MidWest is seriously underrated."
B: I think it would have to be rated at all in order to be underrated.
by MerryMerri February 4, 2019
Get the Rated mug.
1. Used in Jerry Jackson films and the narrator is unable to pronounce "right", so the word rate is used. Oh No! is used in a high pitch voice during some episodes to create suspense and tension. Also animatiosn spelt incorrectly "animatens".
2. To rate someone (1-10)
That is like rate funny, LMAO!
by scottysullivan October 6, 2006
Get the rate mug.
A word used by douchebags to describe something good.
Person 1: "Such a rated tune!!!" (random drum sounds)
Person 2: "Fuck off."
by Rated Lad August 20, 2013
Get the Rated mug.
Used in the military, most specifically the Marine Corps, as another word for "deserve."
1. Hey, buddy! How's it going?
2. ......
3. What the fuck? I don't RATE a response, asshole?
by Rock Coxman January 8, 2010
Get the Rate mug.
"Man, that's rate good, innit blood massive."

"There's Rate a teletubby on my sofa. He's rate fat and homoerotic."
by DanSussex October 23, 2007
Get the Rate mug.