Definition, Meaning & Synonyms
rates
noun
/reɪts/
Definition
Rates are a measure, quantity, or frequency, typically used to compare different types of data or to express a value in relation to another.
Examples
- The interest rates on loans can vary significantly.
- She was surprised by the rates of the new subscriptions.
- The exchange rates affect international trade.
Meaning
In general terms, rates refer to the relative level of interest, costs, or charges associated with something.
Synonyms
- charges
- fees
- prices
- costs
- valuations
