ratable Synonyms
No Synonyms and anytonyms found
ratable Meaning
ratable (s)
liable to payment of locally assessed property taxes
ratable (a.)
Capable of being rated, or set at a certain value.
Liable to, or subjected by law to, taxation; as, ratable estate.
Made at a proportionate rate; as, ratable payments.
ratable Sentence Examples
- The property's annual ratable value was determined by the local assessor's office.
- The mayor proposed increasing the ratable base by attracting new businesses to the city.
- The tax rate was calculated based on the assessed ratable value of the property.
- The county's ratable value had been declining due to economic downturns.
- The apartment complex had a total ratable value of over $10 million.
- The town council voted to lower the ratable value of vacant properties to encourage development.
- The assessor's estimate of the property's ratable value was disputed by the owner.
- The ratable value of commercial properties is typically higher than that of residential properties.
- The state provides financial assistance to municipalities with a low ratable base.
- The ratable value of the school district's properties is exempt from local property taxes.
FAQs About the word ratable
liable to payment of locally assessed property taxesCapable of being rated, or set at a certain value., Liable to, or subjected by law to, taxation; as, ratable
No synonyms found.
No antonyms found.
The property's annual ratable value was determined by the local assessor's office.
The mayor proposed increasing the ratable base by attracting new businesses to the city.
The tax rate was calculated based on the assessed ratable value of the property.
The county's ratable value had been declining due to economic downturns.
