ratable value

Also found in: Financial.

ratable value

or

rateable value

n
Brit (formerly) a fixed value assigned to a property by a local authority, on the basis of which variable annual rates are charged
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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References in periodicals archive
IT authorities held that Khan estimated ratable value on the lower side compared to the ratable value based on the size and location of the property.
Offshoring also reduces the tax ratable value of commercial and industrial properties in the US, while resulting indirectly in further job losses from support industries, reports America's Economy In The 21st Century: Pollina Corporate Top 10 Pro-Business States 2006.
During the assessment year 2011-12, IT authorities held that Khan estimated ratable value on the lower side compared to the ratable value based on the size and location of the property.
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