In context|obsolete|lang=en terms the difference between property and rate is that property is (obsolete) to make a property of; to appropriate while rate is (obsolete) the estimated worth of something; value. As nouns the difference between property and rate is that property is something that is owned while rate is (obsolete) the estimated worth of something; value. As verbs the difference between property and rate is that property is (obsolete) to invest with properties, or qualities while rate is to assign or be assigned a particular rank or level or rate can be to berate, scold.