Entries linking to underrate
Old English under (prep.) "beneath, among, before, in the presence of, in subjection to, under the rule of, by means of," also, as an adverb, "beneath, below, underneath," expressing position with reference to that which is above, from Proto-Germanic *under- (source also of Old Frisian under, Dutch onder, Old High German untar, German unter, Old Norse undir, Gothic undar), from PIE *ndher- "under" (source also of Sanskrit adhah "below;" Avestan athara- "lower;" Latin infernus "lower," infra "below").
Productive as a prefix in Old English, as in German and Scandinavian (often forming words modeled on Latin ones in sub-). Notion of "inferior in rank, position, etc." was present in Old English. With reference to standards, "less than in age, price, value," etc., late 14c. As an adjective, "lower in position; lower in rank or degree" from 13c. Also used in Old English as a preposition meaning "between, among," as still in under these circumstances, etc. (though this may be an entirely separate root; see understand).
Under the weather "indisposed" is from 1810. Under the table is from 1913 in the sense of "very drunk," 1940s in sense of "illegal" (under-board "dishonest" is from c. 1600). To keep something under (one's) hat "secret" is from 1885; to have something under (one's) nose "in plain sight" is from 1540s; to speak under (one's) breath "in a low voice" is attested from 1832.
early 15c., "estimated value or worth, proportional estimation according to some standard; monetary amount; a proportional part," from Old French rate "price, value" and directly from Medieval Latin rata (pars) "fixed (amount)," from Latin rata "fixed, settled," fem. past participle of reri "to reckon, think" (from PIE root *re- "to reason, count").
Meaning "degree of speed" (properly ratio between distance and time) is attested from 1650s. Currency exchange sense of "basis of equivalence upon which one currency is exchanged for another" is recorded by 1727. Meaning "fixed public tax assessed on property for some local purpose" is by 1712.
First-rate, second-rate, etc. are 1640s, from British Navy division of ships into six classes based on size and strength. Phrase at any rate originally (1610s) meant "at any cost," hence "positively, assuredly." weakened sense of "at least" is attested by 1760. Rate-payer "one who is assessed and pays a local tax" is by 1825.