Definition

Something that can be assessed, estimated, or valued, often in terms of taxes or proportions.

Example

The property is considered ratable for tax purposes.

Conversation

Have you ever thought about how our income is ratable for taxes?

Yeah, it's interesting how they assess it every year.

I wonder if there are ways to make it more ratable for deductions.

Definitely, we should look into some strategies to maximize that.

Synonyms & Antonyms

Root Explanation

Ratable → It is formed from "rate" (from Old French *rate*, meaning to assess or evaluate) and "-able" (meaning capable of). The word "ratable" means capable of being assessed or evaluated.

Memory Tip

Think of something that is 'capable of being assessed' — 'rate' means to evaluate, and '-able' means capable.

Visually Confused Words