ratal

The homeowner pays the annual ratal on his property.

Definition

1. Noun:
   • A sum assessed as local tax: "ratal" refers to the total amount of tax levied by a local authority on property or land, typically based on its assessed value.

Usage Examples

• Noun:
  • The council increased the ratal on commercial properties this year. (The total local tax assessed on businesses was raised.)
  • Homeowners must pay their ratal quarterly to avoid penalties. (The assessed property tax is due every three months.)

Advanced Usage

• "to fix the ratal": to determine or set the amount of local tax.
  • The government will fix the ratal for the upcoming fiscal year. (The authorities will decide the tax sum.)

Variants and Related Words

• Rate (n): a measure, quantity, or frequency; also a local tax.
  • The interest rate is 5%. (A percentage used in finance.)

Synonyms

• Assessment: the official valuation of property for tax purposes.
• Levy: a tax or fee imposed by an authority.

Related Idioms

• "pay one's ratal": to fulfil one's tax obligation.
  • Every citizen must pay their ratal to support local services. (Fulfil the required tax payment.)