ratable

/'reitəbl/ Cách viết khác : (rateable) /'reitəbl/

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Explanation of "Ratable"

Definition:
The word "ratable" is an adjective that describes something that is subject to property taxes, meaning it can be assessed for taxes based on its value. In simpler terms, if a property is ratable, it is recognized by the local government for tax purposes.

Usage Instructions:

• Use "ratable" when talking about properties or assets that can be taxed.
• It often comes up in discussions about real estate, finance, or local government.

Example Sentence:

• "The new apartment complex is ratable, meaning the owner will have to pay property taxes based on its value."

Advanced Usage:

• In legal or financial discussions, you might encounter phrases like "ratable assets" or "ratable properties," which refer specifically to those that can be taxed.

Word Variants:

• Ratable Value: This refers to the assessed value of a property that is used to calculate how much tax is owed.
• Ratable Income: Though not commonly used, this could refer to income that is subject to certain taxes.

Different Meanings:

• In a broader sense, "ratable" can also refer to anything that can be rated or evaluated, but this usage is not as common.

Synonyms:

• Taxable
• Assessable
• Levyable

Idioms and Phrasal Verbs:

• There aren't specific idioms or phrasal verbs that include "ratable," as it is a more technical term. However, you might hear phrases like "ratable property" in discussions about real estate.

Summary:

In summary, "ratable" is an adjective that specifically relates to properties that are subject to local property taxes.

Academic

Adjective

1. liable to payment of locally assessed property taxes
   • the ratable value of property

Synonyms

• rateable