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Array and Rate

noun

  • An orderly arrangement.
    • usage: "an array of troops in battle order"
  • An impressive display.
    • usage: "it was a bewildering array of books"; "his tools were in an orderly array on the basement wall"
  • Especially fine or decorative clothing.
  • An arrangement of aerials spaced to give desired directional characteristics.

verb

  • Lay out orderly or logically in a line or as if in a line.
    • usage: "lay out the clothes"; "lay out the arguments"
  • Align oneself with a group or a way of thinking.

noun

  • A magnitude or frequency relative to a time unit.
    • usage: "they traveled at a rate of 55 miles per hour"; "the rate of change was faster than expected"
  • Amount of a charge or payment relative to some basis.
    • usage: "a 10-minute phone call at that rate would cost $5"
  • The relative speed of progress or change.
    • usage: "he lived at a fast pace"; "he works at a great rate"; "the pace of events accelerated"
  • A quantity or amount or measure considered as a proportion of another quantity or amount or measure.
    • usage: "the literacy rate"; "the retention rate"; "the dropout rate"

verb

  • Assign a rank or rating to.
    • usage: "how would you rank these students"; "The restaurant is rated highly in the food guide"
  • Be worthy of or have a certain rating.
    • usage: "This bond rates highly"
  • Estimate the value of.
    • usage: "How would you rate his chances to become President"; "Gold was rated highly among the Romans"

rate is the cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the investor used to be evidenced by a coupon that could be detached and sent for collection. Thus the cost to the issuer for notes and bonds paying semiannual interest is often called the coupon rate. Lenders or investors may receive a yield that is higher or lower than the rate.