[ adjective ] (British) liable to payment of rates or taxes




"the ratable value of property"

Used in print

(Legislation on Foreign Relations. Committee on Foreign...)

after completing the payments prescribed by paragraphs ( 2 ) and ( 3 ) of_this subsection , to make payments , from_time_to_time in ratable proportions , on_account_of the unpaid principal of all awards in the principal amount of more_than $ 1000 , according_to the proportions which the unpaid principal of such awards bear to the total amount in the fund available for distribution at the time such payments are made ; and after payment has been made of the principal amounts of all such awards , to make pro_rata payments on_account_of accrued interest on such awards as bear interest .

Related terms

UK taxable