Rede (r?d), v. t. [See Read, v. t.] 1. To advise or counsel.
I rede that our host here shall begin. Chaucer.
2. To interpret; to explain.
My sweven rede aright. Chaucer.
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Webster's Dictionary 1913
Webster's Revised Unabridged Dictionary, C. & G. Merriam Co., 1913.