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.
(..) No matter how this ends, it ends today. Is that it? We've done it! This isn't over! Form your ranks! Hold together! Get clear! Beard of Thor! What is that?! Odin help us. Catapults! - Get to the ships! (..)2010 How to Train Your Dragon