ratable n. 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.
... country had a larger stock of gold than any other in Europe. Suffice it to repeat that several nations, including seventy million people, actually demonetized gold, deprived it of its legal tender, and treated it as a ratable commodity; while France, single-handed and alone upon the continent of Europe, was able to absorb the enormous surplus of gold and maintain the parity by the simple process of keeping her mints open to both at ... — If Not Silver, What? • John W. Bookwalter Read full book for free!
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