a shortened version of rating something, usually the looks of a girl. It started from somebody asking "what would you rate that girl, 1-10". ppl then shortened it to i rate it, meaning i would take the time to rate that because she is hot enough to catch someones attention. If somebody walks by unoticed because she is not hot, she does not deserve to be rated, so nobody would "rate it"
Therefore: I rate it is a way to let somebody know that a particular girl is hot
Cigarette: Northern slang for a cigarette, used oft by mashed up mancunian ravers becasue of the resemblance of a hot(electric)stove to the end of a lit cigarette. Originated circa 1991 in the early halcyon days of the rave culture; we speculate during a drug fuelled hallucination by said manc.
'fuck me noel, i am bolloxed, is that a ciggy in your mouth, or the stove from me 'nans kitchen'/
General use: 'Give us a stove you cunt'