rates

1. 1
   noun

   Plural of rate. Use this when talking about more than one rate.

   The rates for shipping went up last month.

   Hotel rates are much higher in the summer.

   Note
2. 2
   verb

   Third-person singular simple present of rate. Use it with he, she, or it.

   She rates every movie she watches out of ten.

   The critic rates this restaurant very highly.

   Note
3. 3
   nounAustraliaBritishHong KongNew Zealandplural

   Taxes that local government charges, usually based on the value of the property you own.

   Like a yearly bill you pay to your town for local services.

   The council put the rates up again this year.

   Many shop owners struggle to pay their rates on time.

   Similartaxes, levies

   Note
4. 4
   nouncolloquialpluralabbreviation

   Short form of interest rates. People use it to talk about how much borrowing costs.

   The bank lowered its rates to attract new borrowers.

   Homebuyers worry that rates will rise again soon.

   Note

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