Rates (Noun)
Meaning
A local tax on property (usually used in the plural).
Classification
Nouns denoting possession and transfer of possession.
Examples
- The homeowners were protesting against the increase in local rates that seemed unjustified and too high.
- The city authorities used the collection of rates to fund public projects and maintain public infrastructure.
- Every year, she would receive an invoice for the rates on her family home, which has been in their possession for generations.
- Low council rates in the area made it an attractive option for families looking to relocate and buy their own homes.
- After a thorough review of her financial documents, the consultant noticed an unusual discrepancy in her property rates payments.