From The Collaborative International Dictionary of English v.0.48:
Rector \Rec"tor\ (r?k"t?r), n. [L., fr. regere, rectum, to lead straight, to rule: cf. F. recteur. See Regiment, Right.] [1913 Webster] 1. A ruler or governor. [R.] [1913 Webster]
God is the supreme rector of the world. --Sir M. Hale. [1913 Webster]
2. (a) (Ch. of Eng.) A clergyman who has the charge and cure of a parish, and has the tithes, etc.; the clergyman of a parish where the tithes are not impropriate. See the Note under Vicar. --Blackstone. (b) (Prot. Epis. Ch.) A clergyman in charge of a parish. [1913 Webster]
3. The head master of a public school. [Scot.] [1913 Webster]
4. The chief elective officer of some universities, as in France and Scotland; sometimes, the head of a college; as, the Rector of Exeter College, or of Lincoln College, at Oxford. [1913 Webster]
5. (R. C. Ch.) The superior officer or chief of a convent or religious house; and among the Jesuits the superior of a house that is a seminary or college. [1913 Webster]