What is the meaning of Rätt?

right, correct

rightly, correctly

rather, fairly, pretty

a dish; a specific type of prepared food

law (the regulation of a community through enforceable rules, considered as a system or domain of study)

a court; place where justice is administered, also the assembly which administers justice

a right; something one is legally entitled to

indefinite neuter singular of rädd

Source: wiktionary.org