Capable of being rated, or set at a certain value.

Liable to, or subjected by law to, taxation; as, ratable estate.

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.

liable to payment of rates or taxes; "the ratable value of property"

Made at a proportionate rate; as, ratable payments.

a taxable parcel of real property

An estimated insurance risk to calculate a reasonable premium that would provide sufficient resources, while still being affordable, in the event that the company is required to pay a claim.