rateable value

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
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Main Entry:rate

Useful english dictionary. 2012.

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  • rateable value — ➔ value1 * * * rateable value UK US noun [C] ► TAX, GOVERNMENT the official value given to business properties in the UK which decides the amount of local tax they have to pay: »The proposal recommended that businesses with a rateable value of £8 …   Financial and business terms

  • rateable value — ► NOUN ▪ (in the UK) a value ascribed to a commercial property based on its size, location, etc., used to determine the rates payable by its owner …   English terms dictionary

  • rateable value — [[t]re͟ɪtəb(ə)l væ̱ljuː[/t]] rateable values N COUNT In Britain, the rateable value of a building was a value based on its size and facilities, which was used in calculating local taxes called rates …   English dictionary

  • rateable value — noun An official estimate of the value of a property used as a basis of local taxation …   Wiktionary

  • rateable value — noun (in the UK) a value ascribed to a commercial property based on its size, location, etc., used to determine the rates payable by its owner …   English new terms dictionary

  • rateable value — /reɪtəbəl ˈvælju/ (say raytuhbuhl valyooh) noun the value of a property assessed by a local authority on which the amount of rate charged is based …  

  • rateable value — /ˌreɪtəb(ə)l vælju:/ noun a value of a property as a basis for calculating local taxes …   Dictionary of banking and finance

  • 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

  • value — The importance placed on something by an individual. Value is subjective and may change according to the circumstances. Something that may be valued highly at one time may be valued less at another time. The CENTER ONLINE Futures Glossary * * * ▪ …   Financial and business terms

  • rateable — adj. (also ratable) 1 Brit. liable to payment of rates. 2 able to be rated or estimated. Phrases and idioms: rateable value the value at which a house etc. is assessed for payment of rates. Derivatives: rateability n. rateably adv …   Useful english dictionary

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