Glossary

1 a : avoiding or lacking extremes (as in behavior or temperature) moderate eater> <moderate climates> b : ³CALM 2, reasonable moderate>
2 a : neither very much nor very little : average in size or amount moderate rain> b : neither very good nor very bad : MEDIOCRE moderate success>
3 : opposed to major social change or extreme political ideas moderate candidate>
4 : not expensive : reasonable or low in price <moderate rates>

http://www.wordcentral.com/cgi-bin/student?book=Student&va=moderate

I received only moderate grades on my report card – mostly B’s and C’s.