Is “Rates” a Scrabble word?

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Yes
RATES
Valid in at least one Scrabble dictionary

Valid in these dictionaries

SOWPODS / CSW
Scrabble UK & International
Valid
TWL / NWL
Scrabble North America
Valid
Large English Dictionary
General English word list
Unavailable

Meaning of Rates

/ɹeɪts/

noun
  1. 1.The worth of something; value.

  2. 2.The proportional relationship between one amount, value etc. and another.

    At the height of his powers, he was producing pictures at the rate of four a year.

  3. 3.Speed.

    The car was speeding down here at a hell of a rate.

verb
  1. 1.To assign or be assigned a particular rank or level.

    She is rated fourth in the country.

  2. 2.To evaluate or estimate the value of.

    They rate his talents highly.

  3. 3.To consider or regard.

    He rated this book brilliant.

Synonyms: rank

verb
  1. 1.To berate, scold.

noun
  1. 1.(British, New Zealand, or Australian) Taxes, usually on property, levied by local government.