The latter is what is called gross estimated rental in the Rate Book, while the ratable value is supposed to be the net yearly value, and it is obtained by making a reduction from the gross, which varies from place to place, but is on the average about ten per cent.
"The Government of England (Vol. I)"
A. Lawrence Lowell
If the ratable property of A was to that of B as forty to one, ought A, for that reason, to have forty times as many votes as B?...
"The Critical Period of American History"
John Fiske
Scot was a ratable proportion in the payments levied from the town for local or national purposes.
"Our Legal Heritage"
S. A. Reilly