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Definition of “rateable value” - English Dictionary

"rateable value" in British English

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rateable valuenoun [C]

uk   /ˌreɪ.tə.bəl ˈvæl.juː/  us   /ˌreɪ.t̬ə.bəl ˈvæl.juː/
(Definition of rateable value from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"rateable value" in Business English

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rateable valuenoun [C]

uk   us  
TAX, GOVERNMENT the ​officialvalue given to ​businessproperties in the UK which decides the ​amount of ​localtax they have to ​pay: The ​proposalrecommended that ​businesses with a ​rateablevalue of £8,000 to £10,000 a ​year would get ​ratesrelief of 50%.
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(Definition of rateable value from the Cambridge Business English Dictionary © Cambridge University Press)
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