A property or building, especially one used for commercial purposes, that provides tax income for local government.
Constructed a total of $10 million in new ratables.
Ratable Sentence Examples
In the majority report it was stated " that, in order to place agricultural lands in their right position as compared with other ratable properties, it is essential that they should be assessed to all local rates in a reduced proportion of their ratable value."
In terms of ratable value, 88% voted yes.
It contains about 468 acres of ratable land, of which the gross estimated rental is £ 749.
The ratable area of the parish is estimated at 5,063 acres, which are assessed at £ 5,635.