From The Collaborative International Dictionary of English v.0.44 [gcide]:
Rede \Rede\ (r?d), verb (used with an object) [See {Read}, verb (used with an object)]
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.
From The Collaborative International Dictionary of English v.0.44 [gcide]:
Rede \Rede\, noun [See {Read}, noun]
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.
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