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Ratable

   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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The Transit Village will provide an opportunity to reverse this trend by generating a profitable new tax ratable for the Township.
c) A ratable portion of other deductions, expenses and losses not directly allocable to those receipts or to another residual class of income.
Those that are cost-based (such as ratable charge methods) have the same limitations but are more complex than the cash surrender value method; they have been considered and rejected by standard-setting bodies and observers.
 
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