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The meaning of "rack" depends on the context. Here are the two most common interpretations:

Slang for money: In slang, particularly hip-hop culture, "rack" refers to $1,000. So, in this context, a rack would be $1,000.

Physical structure: A rack can also refer to a physical structure used for holding or storing items. The price of a rack in this sense would vary greatly depending on the size, material, and purpose of the rack.  For example, a simple metal storage rack for a garage would cost much less than a specialized server rack used in a data center.

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by (80.4k points)
 
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The meaning of "rack" depends on the context. Here are the two most common interpretations:

Slang for money: In slang, particularly hip-hop culture, "rack" refers to $1,000. So, in this context, a rack would be $1,000.

Physical structure: A rack can also refer to a physical structure used for holding or storing items. The price of a rack in this sense would vary greatly depending on the size, material, and purpose of the rack.  For example, a simple metal storage rack for a garage would cost much less than a specialized server rack used in a data center.
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