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ratable value

British  

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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

From Days and Nights in London or, Studies in Black and Gray by Ritchie, J. Ewing (James Ewing)

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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