6. Ratification; approval. [R.] Chapman.
7. (Horol.)
Defn: The gain or loss of a timepiece in a unit of time; as, daily rate; hourly rate; etc.
8. (Naut.) (a) The order or class to which a war vessel belongs, determined according to its size, armament, etc.; as, first rate, second rate, etc. (b) The class of a merchant vessel for marine insurance, determined by its relative safety as a risk, as A1, A2, etc.
RATE
Rate, v. t. [imp. & p. p. Rated; p. pr. & vb. n. Rating.]
1. To set a certain estimate on; to value at a certain price or degree. To rate a man by the nature of his companions is a rule frequent indeed, but not infallible. South. You seem not high enough your joys to rate. Dryden.
2. To assess for the payment of a rate or tax.
3. To settle the relative scale, rank, position, amount, value, or quality of; as, to rate a ship; to rate a seaman; to rate a pension.
4. To ratify. [Obs.] "To rate the truce." Chapman. To rate a chronometer, to ascertain the exact rate of its gain or loss as compared with true time, so as to make an allowance or computation depended thereon.
Syn.
— To value; appraise; estimate; reckon.