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What is the difference between price and rate?

price | rate |

In obsolete terms the difference between price and rate

is that price is to set a price on; to value; to prize while rate is ratification; approval.

As nouns the difference between price and rate

is that price is the cost required to gain possession of something while rate is the estimated worth of something; value.

As verbs the difference between price and rate

is that price is to determine the monetary value of (an item), to put a price on while rate is to assign or be assigned a particular rank or level.

As a proper noun Price

is {{surname|Welsh patronymic|from=Welsh}}, anglicized from {{term|ap|lang=cy}} {{term|Rhys|lang=cy}}.

As a phrase PRICE

is protect, rest, ice, compression, and elevation. A common treatment method for sprained joints.

price

English

Noun

(en noun)
  • The cost required to gain possession of something.
  • * Shakespeare
    • We can afford no more at such a price .
  • * , chapter=3
    • , title= Mr. Pratt's Patients , passage=My hopes wa'n't disappointed. I never saw clams thicker than they was along them inshore flats. I filled my dreener in no time, and then it come to me that 'twouldn't be a bad idee to get a lot more, take 'em with me to Wellmouth, and peddle 'em out. Clams was fairly scarce over that side of the bay and ought to fetch a fair price .}}
  • The cost of an action or deed.
  • Value; estimation; excellence; worth.
  • * Bible, Proverbs xxxi. 10
    • Her price is far above rubies.
  • * Keble
    • new treasures still, of countless price

    Derived terms

    * list price * pool price * price-conscious * price stability * purchase price * reserve price * selling price * shadow price * spot price * starting price * strike price * upset price

    Verb

    (pric)
  • To determine the monetary value of (an item), to put a price on.
  • (obsolete) To pay the price of, to make reparation for.
  • * 1590 , Edmund Spenser, The Faerie Queene , I.ix:
    • Thou damned wight, / The author of this fact, we here behold, / What iustice can but iudge against thee right, / With thine owne bloud to price his bloud, here shed in sight.
  • (obsolete) To set a price on; to value; to prize.
  • (colloquial, dated) To ask the price of.
    • to price eggs

    External links

    * * 1000 English basic words

    rate

    English

    Etymology 1

    From (etyl), from . (wikipedia rate)

    Noun

    (en noun)
  • (obsolete) The estimated worth of something; value.
  • * 1599 , William Shakespeare, Romeo and Juliet , V.3:
    • There shall no figure at such rate be set, / As that of true and faithfull Iuliet.
  • The proportional relationship between one amount, value etc. and another.
  • * {{quote-magazine, title=No hiding place
    • , date=2013-05-25, volume=407, issue=8837, page=74, magazine=(The Economist) citation , passage=In America alone, people spent $170 billion on “direct marketing”—junk mail of both the physical and electronic varieties—last year. Yet of those who received unsolicited adverts through the post, only 3% bought anything as a result. If the bumf arrived electronically, the take-up rate was 0.1%. And for online adverts the “conversion” into sales was a minuscule 0.01%.}}
  • Speed.
  • * Clarendon
    • Many of the horse could not march at that rate , nor come up soon enough.
  • The relative speed of change or progress.
  • The price of (an individual) thing; cost.
  • A set price or charge for all examples of a given case, commodity, service etc.
  • A wage calculated in relation to a unit of time.
  • Any of various taxes, especially those levied by a local authority.
  • (nautical) A class into which ships were assigned based on condition, size etc.; by extension, rank.
  • (obsolete) Established portion or measure; fixed allowance; ration.
  • * Spenser
    • The one right feeble through the evil rate / Of food which in her duress she had found.
  • (obsolete) Order; arrangement.
  • * Spenser
    • Thus sat they all around in seemly rate .
  • (obsolete) Ratification; approval.
    • (Chapman)
  • (horology) The gain or loss of a timepiece in a unit of time.
    • daily rate'''; hourly '''rate ; etc.
    Derived terms
    * at any rate * exchange rate * flat rate * interest rate * mortality rate * failure rate * rate limiting

    Verb

    (rat)
  • To assign or be assigned a particular rank or level.
    • She is rated fourth in the country.
  • To evaluate or estimate the value of.
    • They rate his talents highly.
  • * South
    • To rate a man by the nature of his companions is a rule frequent indeed, but not infallible.
  • To consider or regard.
    • He rated this book brilliant.
  • To deserve; to be worth.
    • The view here hardly rates a mention in the travel guide.
  • * 1955 , edition, ISBN 0553249592, page 101:
    • Only two assistant district attorneys rate corner offices, and Mandelbaum wasn't one of them.
  • To determine the limits of safe functioning for a machine or electrical device.
    • The transformer is rated at 10 watts.
  • (transitive, chiefly, British) To evaluate a property's value for the purposes of local taxation.
  • (informal) To like; to think highly of.
    • The customers don't rate the new burgers.
  • To have position (in a certain class).
    • She rates among the most excellent chefs in the world.
    He rates as the best cyclist in the country.
  • To have value or standing.
    • This last performance of hers didn't rate very high with the judges.
  • To ratify.
  • * Chapman
    • to rate the truce
  • To ascertain the exact rate of the gain or loss of (a chronometer) as compared with true time.
    • Synonyms
    * (have position in a certain class) rank

    Derived terms

    * rating

    Etymology 2

    From (etyl) .

    Verb

    (rat)
  • To berate, scold.
  • * Shakespeare
    • Go, rate thy minions, proud, insulting boy!
  • * Barrow
    • Conscience is a check to beginners in sin, reclaiming them from it, and rating them for it.
  • * 1526 , William Tyndale, trans. Bible , John IX:
    • Then rated they hym, and sayde: Thou arte hys disciple.
  • * , I.56:
    • Andronicus'' the Emperour, finding by chance in his pallace certaine principall men very earnestly disputing against ''Lapodius about one of our points of great importance, taunted and rated them very bitterly, and threatened if they gave not over, he would cause them to be cast into the river.
  • * 1825 , Sir (Walter Scott), , ch.iv:
    • He beheld him, his head still muffled in the veila man borne down and crushed to the earth by the burden of his inward feelings.
  • * 1843 , (Thomas Carlyle), '', book 2, ch.XV, ''Practical — Devotional
    • The successful monk, on the morrow morning, hastens home to . The successful monk, arriving at Ely, is rated for a goose and an owl; is ordered back to say that (Elmset) was the place meant.

    Anagrams

    *

    External links

    * * * English terms with multiple etymologies ----