Homonym: rates (Scores)
Rates refer to the relationship between two quantities, often expressed as a ratio or a percentage. Common examples include interest rates, which indicate the cost of borrowing money, and exchange rates, which show how much one currency is worth in terms of another. Rates help individuals and businesses make informed financial decisions.
In everyday life, rates can also apply to things like speed, which measures distance traveled over time, or tax rates, which determine how much tax is owed based on income. Understanding rates is essential for budgeting, investing, and comparing costs across different options.