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ratable |
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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 How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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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