Ratable
Ratable (rāt"ȧ*b'l) , adjective
1.
Capable of being rated, or set at a certain value.
Twenty orae were ratable to [at] two marks of silver.
2.
Liable to, or subjected by law to, taxation; as, ratable estate.
3.
Made at a proportionate rate; as, ratable payments.
ratable (rāt"ȧ*b'l) , noun
a structure which may be rated, or set at a certain value, for the purpose of taxation, usually based on the value; as, with the deterioration of the center cities, the loss of ratables worsened the situation by removing valuable sources of tax revenue.