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ratable
(redirected from ratability)

   Also found in: Dictionary/thesaurus 0.03 sec.

That which can be appraised, assessed, or adjusted through the application of a formula or percentage.

Ratable property is that which is taxable or capable of being appraised or assessed.


ratable adj. taxable according to value, such as an estate or property.


See also: ad valorem


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We have assumed a health care cost trend of 10% in 2006, decreasing ratability to 5% in 2011 and thereafter.
We have assumed a health care cost trend of 10% in 2004, decreasing ratability to 5% in 2009 and thereafter.
 
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