RATABLY Meaning and
Definition
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Ratably is an adverb that refers to an action or process that is carried out in a proportionate or equal manner. The term is usually used in finance and taxation contexts to describe the distribution of payments or expenses over a specific time period, ensuring an equal or proportionate allocation.
In financial terms, when something is distributed ratably, it means that it is divided in equal or proportionate amounts among the parties involved. This could apply to the distribution of profits, dividends, or interest payments among shareholders or investors.
Similarly, in the realm of taxation, the term ratably is frequently used to describe the fair or proportional allocation of tax obligations or deductions among taxpayers. For example, if a tax incentive is available to a group of individuals, it may be allocated ratably based on their total income or any other relevant factors.
The concept of ratability serves as a method of ensuring fairness and equity in the distribution of liabilities and benefits. By dividing resources or obligations in a ratably manner, it aims to prevent any one party from bearing an undue burden or receiving an excessive advantage.
Common Misspellings for RATABLY
- ratable
- rateble
- eatably
- datably
- fatably
- tatably
- 5atably
- 4atably
- rztably
- rstably
- rwtably
- rqtably
- rarably
- rafably
- ragably
- rayably
- ra6ably
- ra5ably
- ratzbly
- ratsbly
Etymology of RATABLY
The word "ratably" is derived from the term "rate", which can be traced back to the Latin word "rata" or "ratus". "Rata" means "fixed", "settled", or "determined", while "ratus" translates to "reckoned" or "considered". Over time, the term "rate" evolved to refer to the proportional measurement or valuation of something. "Ratably" is an adverb form that is used to describe an action or distribution that is done according to a rate or proportion.
Similar spelling words for RATABLY
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