noun

• (obsolete) The worth of something; value.
  "There shall no figure at such rate be set, / As that of true and faithfull Iuliet."
• (nautical) A class into which ships were assigned based on condition, size etc.; by extension, rank.
  "This textbook is first-rate."
• (obsolete) Established portion or measure; fixed allowance; ration.
  "The one right feeble through the evil rate / Of food which in her duress she had found."
• (obsolete, uncountable) Order; arrangement.
  "Thus sat they all around in seemly rate."

verb

• (transitive) To assign or be assigned a particular rank or level.
  "She is rated fourth in the country."
• (transitive) To evaluate or estimate the value of.
  "They rate his talents highly."
• (transitive) To consider or regard.
  "He rated this book brilliant."
• (transitive) To deserve; to be worth.
  "The view here hardly rates a mention in the travel guide."

verb

• (transitive, obsolete) To berate, scold.
  "Then rated they hym, and sayde: Thou arte hys disciple."

verb

• (UK dialectal, obsolete) To cause (hay, hemp, flax, etc) to decay (whether in an injurious way, or—as retting—in a useful way) by exposure to weather, particularly wetness.
  "From the "line pit" it [flax] is carried to the “RATING GROUND;" - a piece of unbroken aftergrass, where the sheaflets are untied, and the flax spread thin upon the grass. It is calculated, that a full crop ought to cover as much ground as it grew upon. Here it lies until it be sufficiently "rated;" namely, until the more woodlike substance of the stems will separate […]"