rateable value ratable value

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.

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  • 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

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