ratability

9.3

The ability to be taxed or given an official value

noun
/ˈrætəˌbɪlɪti/

Formal

: calificabilidad

Auditors reviewed the ratability of several accounts to ensure accurate tax reporting.

Examples

The ratability of the property was challenged by its owners in court.
Changes in government policy affected the ratability of many commercial premises.
The ratability of this property is under review.
Can you explain the ratability of this asset?
The auditors determined the ratability of the financial statements to comply with tax regulations.
Because of new regulations, the ratability of the property has decreased significantly this year.
Investors need to understand the ratability of assets before making financial decisions.

Synonyms

taxability

vsratability

Specialized

1 7.8

The state in which law requires someone to pay tax on something

focuses more broadly on ability to be rated, assessed, or taxed

rateability

vsratability

9.9

The fact that land or property can be taxed by local government

describes the quality of being able to be rated, assessed, or taxed

Surface Forms

ratability singular

ratabilities plural

Morphology

ratability = ratable (transparent) = rate + able + ity

Formed by regular nominalization of the adjective 'ratable' (rate + -able) with '-ity'; meaning follows directly from 'able to be rated'.

Etymology

Ratability comes from the common verb rate, which means 'to give a value' or 'to judge', plus the endings -able ('able') and -ity ('quality'). So, ratability is the 'quality' of something that can be given a value, measured, or taxed.