Students who 'rank' in the top third of their class have a better chance of being accepted to the college of their choice.
A company spokesperson announced that the company will be decreasing its 'ranks' by 200. [=laying off 200 employees]
The guest lecturer is a novelist 'of rank' [=of high regard; of esteem] who has won many prestigious awards.
(..) Well, this is a glorious day for France. How so, chief inspector? Because a stupid idiot named Clouseau... ...is going to be stripped of his rank while I take over his case. You have a second man named Clouseau? My God. Leave us alone for a moment. (..)2006 The Pink Panther
(..) merits greater responsibility... ...than you have had up to this point. I have decided to promote you to inspector... ...the highest rank of any officer in the republic. - Inspector? - Exactly. And your first case is the Gluant murder... (..)2006 The Pink Panther