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rateable

rateable

1 9.1
A property like a house or shop valued for local taxes by the government
  • noun
  • /ˈreɪtəbl/
  • UK
: sujeto a valoración
  • Businesses must register their rateable value to determine the property tax they need to pay.

Examples

  • Additionally, I'm extending this business rates holiday to all businesses in these sectors, irrespective of their rateable value.

  • Raising a Maintenance for Them. The announced aim was to establish a good and sufficient Protestant minister to officiate and have the care of souls in each of six specified precincts that contained about six of every ten rateables in the 1690s.

    Academic text (1990)
  • The council took steps to ensure that all rateable properties were accurately assessed for local taxes.

  • The new housing development will include several rateable units that contribute to the local government's revenue.

Synonyms

ratables
vsrateable
  • UK
9.7

Properties like houses or shops that the local government taxes

is the singular form referring to one such property rather than multiple

Antonyms

83 4.4

Not required to do something others must do, for example paying tax

Surface Forms

rateable singular
rateables plural

Morphology

rateable = rate (semi-transparent) = rate + able

Formation 'rate' + '-able' is morphologically clear, but the sense as a legal/tax term for property assessed for local rates is specialized.

Etymology

Rateable comes from the common word rate, which means 'a fixed charge or tax', and the ending -able meaning 'able to be'. So a rateable property is simply something 'able to be taxed' by the local government.