Ratable

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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.

References in periodicals archive ?
The CAD200m (USD188.1m/EUR133.6m), 3.38%, series 7 medium-term notes (MTNs) due 29 January 2015 will rank equally and rateably with the existing MTNs issued by the company.