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1. Capable of being rated, estimated, or appraised: ratable income.
3. Liable to assessment; taxable.
1. Income from taxes on a property: netted the city over $30 million in new ratables.
2. A property or building, especially one used for commercial purposes, that provides tax income for local government: constructed a total of $10 million in new ratables.
rat′a·bil′i·ty, rat′a·ble·ness n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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|Noun||1.||ratability - the state of being liable to assessment or taxation|
Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom
liability - the state of being legally obliged and responsible
|2.||ratability - the quality of being capable of being rated or estimated|
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