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."
By Tamqrah
Rate
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)
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."
A term used in Barrel Racing or Pole Bending, a speed event involving horses. The term 'rate' refers to slowing and collecting up your horse right before a barrel or pole. It is essential for having horse horse bring him self up to turn the barrel/pole and make for a faster time.
That horse really needs to learn how to rate before reaching that barrel, he looks like he is just running around in a bunch of circles.