ratable value


Also found in: Financial.
Related to ratable value: rateable value

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
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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.