Meaning of the word "taxi rank" in English

What does "taxi rank" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

taxi rank

US /ˈtæk.si ræŋk/
UK /ˈtæk.si ræŋk/

Noun

a place where taxis wait for customers

Example:
We found a taxi rank right outside the station.
There's usually a long queue at the taxi rank during rush hour.