ratable value

ratable value
ratable value or rateable value noun
A value placed on a property, and used to assess the amount of rates payable to the local authority each year
• • •
Main Entry:rate

Useful english dictionary. 2012.

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  • ratable value — The ratable value of property is its appraised or assessed value for purposes of taxation. Coventry Co. v Assessors of Taxes, 16 RI 240, 241 …   Ballentine's law dictionary

  • rateable value ratable value — noun (C) a value given to buildings in Britain before 1990 in order to calculate how much local tax the owner should be charged …   Longman dictionary of contemporary English

  • ratable — rat·able / rā tə bəl/ adj: made or calculated according to a proportionate rate: pro rata a ratable distribution of the bankruptcy estate rat·ably / blē/ adv Merriam Webster’s Dictionary of Law. Merriam Webster …   Law dictionary

  • Ratable — Rat a*ble (r[=a]t [.a]*b l), a. 1. Capable of being rated, or set at a certain value. [1913 Webster] Twenty or[ae] were ratable to [at] two marks of silver. Camden. [1913 Webster] 2. Liable to, or subjected by law to, taxation; as, ratable estate …   The Collaborative International Dictionary of English

  • ratable — at a*ble (r[=a]t [.a]*b l), n. a structure which may be rated, or set at a certain value, for the purpose of taxation, usually based on the value; as, with the deterioration of the center cities, the loss of ratables worsened the situation by… …   The Collaborative International Dictionary of English

  • ratable estate — n. An estate with a value that can be appraised, usually for taxes. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • Ratable Accrual Method — A method for determining when and how much income was earned over a period of time. The ratable accrual method can be used to compute the interest income for tax purposes. This is opposed to the payment method, and could be used to find the… …   Investment dictionary

  • rateable value — ratable value or rateable value noun A value placed on a property, and used to assess the amount of rates payable to the local authority each year • • • Main Entry: ↑rate …   Useful english dictionary

  • ratable — a. 1. To be rated, estimated, reckoned, set at a certain value. 2. Proportional, pro rata. 3. Liable to taxation …   New dictionary of synonyms

  • government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …   Universalium

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