ratability
- noun
- /ˈrætəˌbɪlɪti/
- Formal
- Auditors reviewed the ratability of several accounts to ensure accurate tax reporting.
Examples
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The ratability of the property was challenged by its owners in court.
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Changes in government policy affected the ratability of many commercial premises.
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The ratability of this property is under review.
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Can you explain the ratability of this asset?
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The auditors determined the ratability of the financial statements to comply with tax regulations.
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Because of new regulations, the ratability of the property has decreased significantly this year.
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Investors need to understand the ratability of assets before making financial decisions.
Synonyms
The state in which law requires someone to pay tax on something
The fact that land or property can be taxed by local government
Surface Forms
Morphology
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.