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Definition of: ratable
(rā′tə·bəl) adjective
1. Brit. Subject to assessment; legally liable to taxation.
2. Estimated proportionally; pro rata: a ratable distribution.
3. That may be rated or valued. Also rate′a·ble.
—rat′a·bil′i·ty, rat′a·ble·ness noun
—rat′a·bly adverb
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