/reɪt/ – verb / noun
Definition: 1. mức, suất hạng, giá, tỉ lệ phần trăm;
2. đánh giá, định giá, ước lượng, xếp hạng, đánh thuế;
3. thuế địa phương.
A more thorough explanation: Rate refers to the amount, quantity, or degree of something measured or compared against another. In a legal context, rate can refer to a fixed charge or fee for a service, or the speed at which something occurs or is done. It can also refer to the proportion or percentage at which something is calculated or determined.
Example: The interest rate on the loan is fixed at 5% for the first five years.