Source : Webster's Revised Unabridged Dictionary (1913)

Rede \Rede\, n. [See {Read}, n.]
   1. Advice; counsel; suggestion. [Obs. or Scot.] --Burns.

            There was none other remedy ne reed.  --Chaucer.

   2. A word or phrase; a motto; a proverb; a wise saw. [Obs.]
      ``This rede is rife.'' --Spenser.

Rede \Rede\ (r?d), v. t. [See {Read}, v. t.]
   1. To advise or counsel. [Obs. or Scot.]

            I rede that our host here shall begin. --Chaucer.

   2. To interpret; to explain. [Obs.]

            My sweven [dream] rede aright.        --Chaucer.