What is the definition of Ratable value? | Dictionary.net

RATABLE VALUE

\ɹˈe͡ɪtəbə͡l vˈaljuː], \ɹˈe‍ɪtəbə‍l vˈaljuː], \ɹ_ˈeɪ_t_ə_b_əl v_ˈa_l_j_uː]\

Definitions of RATABLE VALUE

1910 - Black's Law Dictionary (2nd edition)

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The value of a property on the real estate market. This value is based on the annual rent received for the property. A ratable value will be assessed to determine if any tax will be apyed on ithe income.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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