Meaning & use

rerate

verb·Advanced

Last updated

UK/ˌriːˈreɪt/
US/ˌriːˈreɪt/

Meanings

  1. verbtransitive

    To judge or measure the value, quality, or level of something again.

    Grammar: Takes an object: rerate a film, rerate a loan.

    Patterns

    • rerate something
    • rerate something as something

    The board decided to rerate the film after the director added new scenes.

    Analysts will rerate the company after the merger is complete.

    The insurance company had to rerate the policy because the risk had changed.

  2. verbtransitivebusinessfinance

    To change the official rating or classification of something.

    Grammar: Often used in passive: the bond was rerated.

    Patterns

    • rerate something
    • be rerated

    The credit agency rerated the bank's bonds after the profit warning.

    The show was rerated from PG to 12A.

    Regulators may rerate the product if new safety data appears.

Word forms

third person singularrerates
past tensererated
past participlererated
-ing formrerating

Common combinations

rerate a bond
The agency may rerate the bond next quarter.
rerate a policy
We need to rerate the policy after the claim.
rerate a film
They chose to rerate the film for a younger audience.
rerate the risk
The insurer will rerate the risk using new data.

Synonyms and how they differ

reassess
Reassess is broader and means to judge something again, not necessarily to give it a new rating.
revalue
Revalue is mainly about money or worth, while rerate can apply to quality, risk, or classification.
reclassify
Reclassify focuses on putting something into a different category, which is only one kind of rerating.

Word family

rerating noun
The act of rating something again.
rate verb
To judge or measure the value or quality of something.
rating noun
A measurement of quality or value, or an official classification.

Commonly confused: rerate or rate? rerate or reiterate?

rerate vs rate

Rate means to judge something once; rerate means to do it again.

rerate vs reiterate

Reiterate means to say something again, not to rate it again.

Practice

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