deratev.
/diːˈreɪt/ transitive and intransitive. To diminish or remove the burden of rates (upon).
ΘΚΠ
society > trade and finance > fees and taxes > impost, due, or tax > local or municipal taxes or dues > [verb (transitive)] > remove burden of rates
derate1928
1928 Daily Tel. 17 July 11/4 [He] proposed to derate hospitals supported by voluntary subscriptions.
1955 Times 10 June 9/4 At the time they were de-rated there might have been some justification.
Derivatives
deˈrating n. and adj.
ΘΚΠ
society > trade and finance > fees and taxes > impost, due, or tax > local or municipal taxes or dues > [adjective] > removing burden of rates
derating1928
society > trade and finance > fees and taxes > impost, due, or tax > local or municipal taxes or dues > [noun] > rates > removing burden of rates
derating1928
1928 W. S. Churchill in Hansard's Parl. Deb. 5th Ser. 216 849 Twelve months will be required after that Bill is passed, to enable the new valuation to be made for the purposes of de-rating.
1928 W. S. Churchill in Hansard's Parl. Deb. 5th Ser. 216 869 The cost of the complete de-rating of agriculture is about £4,750,000.
1928 Daily Express 22 June 2/4 [He] asked the Government to expedite their derating scheme, which is expected to be worth £3,000,000 a year to the coal industry.
1955 Times 15 June 3/1 Lord Meston said that the whole subject of derating should be reviewed.
This entry has not yet been fully updated (first published 1933; most recently modified version published online September 2018).
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