rate 

A term used in insurance underwriting that means the applicant will have to pay additional premiums for the coverage for which he or she has applied. Underwriters often rate a policy arbitrarily to increase the company's "bottom line."

"Damn, if I'm going to get that bonus next year, I'm going to have to get off of my ass and rate some policies."

rate by Insurance Man April 23, 2006

Rate 

Rate is slang used by UK people or roadmen to mean like

Yeah Fam I {rate that still
Naaah I don't rate him

Rate by Webayorweeby July 24, 2017

RATE 

Random Attendance Teenage Eaters. Teenagers who randomly show up at mealtimes. Can be either family members or friends of family teenager(s). RATEs make it impossible to plan a meal because the cook never knows: 1. If family RATE is eating or 2. If family RATE is bringing other RATES home.

Husband: What happened to that massive pot of spaghetti?
Wife: Graham brought home 5 RATES and they inhaled it!
Husband: Is there any cereal?
Wife: That was dessert.

RATE by KellieAnne November 26, 2009

rate 

To place faith and confidence in.
To back.

'I rate myself as a good golfer'

rate by Amy Heydenrych May 16, 2008

Rate 

Something guys and girls do to give their opinion on another's attractiveness. It's supposed to go from 1-10, but there are many variations:
1-100
1-8 (generally this scale is only used alongside the word "mate" with a full rating of 8/8
*Name*-*name* (this is either used in a good sense or bad sense. The rate given must be a name)
The scales are often broken to emphasise extreme attractiveness or extreme fugliness.

Note: Oftentimes the word "rate" is not used, even though that's what's happening. Frequently replacing "rate" is "give"

Ex. 1:
Mike: Dude, did you see that chick last night? I rate her 11/10 at the very least.
Ike: Umm...yeah. I hate to break it to you, but you had been hitting the heavy stuff for long enough that you were grinding on a 3...

Ex. 2:
Mike: On a scale from Kim Kardashian to Olivia Wilde, I give her a Megan Fox

Ex. 3:
Mike: Bruh, I know you were checking out my sister earlier. Be honest and tell me what you think of her.
Ike: I know how weird it must be to hear this, but she's 8/8 mate.

Rate by P8triarch January 4, 2016

rate 

A term used in Barrel Racing or Pole Bending, a speed event involving horses. The term 'rate' refers to slowing and collecting up your horse right before a barrel or pole. It is essential for having horse horse bring him self up to turn the barrel/pole and make for a faster time.

That horse really needs to learn how to rate before reaching that barrel, he looks like he is just running around in a bunch of circles.

rate by Elsy November 2, 2007

rate 

US Navy ranking system.

"Not rank...rate. There is a difference. Kind of..."
-me

rate by Dave April 16, 2004