Ratable

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Related to ratability: resubmit, call on, exposed to, offerers, coming by

Ratable

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: ad valorem
References in periodicals archive ?
We have assumed a health care cost trend of 10% in 2004, decreasing ratability to 5% in 2009 and thereafter.