ratable value

noun

1. (formerly) a fixed value assigned to a property by a local authority, on the basis of which variable annual rates are charged

Example Sentences

From the key I know it is showing the ratable value of warehouses by age.

From Forbes

The ratable value of the metropolis, or rather the district of the Metropolitan Board, is £23,960,109. 

From Project Gutenberg

Here is one way in which they managed a Parochial Assessment— "Ordered that six of the principal inhabitants of Royston look over all the estates in the town, and each send in his own estimated list of their ratable value to a special meeting, and from those different lists form a revised list of assessment to be afterwards stuck on the Church door, allowing objections to be made, and if necessary amending assessments accordingly, first calling in the assistance of Mr. Jackson, of Barkway, the land surveyor."

From Project Gutenberg

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.''

From Project Gutenberg