ratables

A noun referring to property or assets that are subject to taxation and generate tax revenue for local government authorities.

• 🇪🇸Sustantivo que designa bienes o activos sujetos a impuestos, que generan ingresos fiscales para las autoridades locales.

1. Taxable property C1 formal british

   Property, such as land or buildings, that is subject to taxation by a local government.

   • The council assessed the value of all ratables in the district.
   • Local governments rely on ratables to fund public services.
   • The new shopping center increased the area's ratables significantly.

   🇪🇸Bienes sujetos a impuestos