Difference between Value and Rate

What is the difference between Value and Rate?

Value as a verb is to estimate the cost of; judge the worth of something. while Rate as a verb is to assign or be assigned a particular rank or level.

Value

Part of speech: verb

Definition: To estimate the cost of; judge the worth of something. To regard highly; think much of; place importance upon. To fix or determine the value of; assign a value to, as of jewelry or art work. To hold dear.

Part of speech: noun

Definition: The quality (positive or negative) that renders something desirable or valuable The degree of importance you give to something. The amount (of money or goods or services) that is considered to be a fair equivalent for something else The relative duration of a musical note. The relative darkness or lightness of a color in (a specific area of) a painting etc. Numerical quantity measured or assigned or computed.

Example sentence: I learned the value of hard work by working hard.

Rate

Part of speech: noun

Definition: An amount measured in relation to another amount.A price or fee determined in relation to a particular scale or standard.A price per unit for a service or product.The relative speed of change or progress.A measure of the frequency of a given event, typically expressed as the number of occurrences of the event for every thousand or hundred thousand people in the total population considered.Wages calculated in relation to a unit of time.A level of quality.

Part of speech: verb

Definition: To assign or be assigned a particular rank or level.To evaluate or estimate the value of.To consider or regard.To deserve; to be worth.To determine the limits of safe functioning for a machine or electrical device.(chiefly ) To evaluate a property's value for the purposes of local taxation.To like; to think highly of.To have position (in a certain class).To have value or standing.To berate.

Example sentence: The main problem with writing in verse is, if your fourth line doesn't come out right, you've got to throw four lines away and figure out a whole new way to attack the problem. So the mortality rate is terrific.

We hope you now know whether to use Value or Rate in your sentence.

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