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Ratable
(redirected from ratability)

   Also found in: Dictionary/thesaurus 0.06 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.


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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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