Top Definition
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."
dari Diego Kamis, 31 Juli 2003

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a word interchangeable with really...
"Man, that's rate good, innit blood massive."

"There's Rate a teletubby on my sofa. He's rate fat and homoerotic."
dari DanSussex Selasa, 23 Oktober 2007

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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!
dari scottysullivan Jumat, 06 Oktober 2006

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when u tell how hot someone is (in most cases on Instagram)
Tim: Hey man what would you rate that bomb ass chick?
Josh: A solid 10 bro!
dari slut.hut Kamis, 12 Februari 2015

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This is an acronym standing for "Rough Around The Edges" and it refers to people (usually used to describe certain women) who are a bit rugged in both appearance and personality (usually found with Type 1s).
That chick is a hardcore RATE but still I find her strangely appealing. Other Ratish women turn me on too.
dari Sateeb Jumat, 14 Agustus 2009

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Generally used interchangably with "right"; often coupled with "hurtin'" or "sour"
"That's rate hurtin'!"

"That's rate sour, man!"
dari AdamM Sabtu, 14 Mei 2005

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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."
dari Insurance Man Selasa, 04 April 2006

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