Source : Webster's Revised Unabridged Dictionary (1913)

Aerate \A"["e]r*ate\, v. t. [imp. & p. p. {A["e]rated}; p. pr. &
   vb. n. {A["e]rating}.] [Cf. F. a['e]rer. See {Air}, v. t.]
   1. To combine or charge with gas; usually with carbonic acid
      gas, formerly called fixed air.

            His sparkling sallies bubbled up as from a["e]rated
            natural fountains.                    --Carlyle.

   2. To supply or impregnate with common air; as, to a["e]rate
      soil; to a["e]rate water.

   3. (Physiol.) To expose to the chemical action of air; to
      oxygenate (the blood) by respiration; to arterialize.

   {A["e]rated bread}, bread raised by charging dough with
      carbonic acid gas, instead of generating the gas in the
      dough by fermentation.

Source : WordNet®

aerated
     adj 1: (of a liquid) treated by having air passed or bubbled
            through it for purification
     2: used of tissues or especially blood; supplied with oxygen by
        respiration [syn: {oxygenated}]
     3: supplied with carbon dioxide [syn: {charged}]