Definition Definition

ratable - Meaning and Examples

Meaning of 'ratable' (Webster Dictionary)

1 . Ratable [ a.]
- Capable of being rated, or set at a certain value.
- Liable to, or subjected by law to, taxation; as, ratable estate.
- Made at a proportionate rate; as, ratable payments.

Meaning of 'ratable' (Princeton's WordNet)

1 . ratable [ s]
Meaning (1):
- liable to payment of locally assessed property taxes
Example in sentence:
  • the ratable value of property