- rateable value ratable value
- noun (C) a value given to buildings in Britain before 1990 in order to calculate how much local tax the owner should be charged
Longman dictionary of contemporary English. 2004.
Longman dictionary of contemporary English. 2004.
rateable value — ratable value or rateable value noun A value placed on a property, and used to assess the amount of rates payable to the local authority each year • • • Main Entry: ↑rate … Useful english dictionary
ratable value — or rateable value noun A value placed on a property, and used to assess the amount of rates payable to the local authority each year • • • Main Entry: ↑rate … Useful english dictionary
rateable — adj. (also ratable) 1 Brit. liable to payment of rates. 2 able to be rated or estimated. Phrases and idioms: rateable value the value at which a house etc. is assessed for payment of rates. Derivatives: rateability n. rateably adv … Useful english dictionary