👉 The term "non-rateable" is not a widely recognized or used term in accounting, finance, and other fields. It has been replaced with alternative terms such as "non-taxable" or "uninvested." Non-rateable assets are those that are not subject to tax at the time of acquisition, but are still valuable to the entity.
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What is the definition of Nonrateableness? 🙋
👉 Non-rateability is a legal concept in which a person's rights and obligations are not clearly defined or communicated, leading to disputes over what constitutes fair treatment. This can occur when there is an imbalance of power between the person requesting the benefit and the person seeking it. In this context, non-rateability refers to situations where a person has no clear understanding of their rights or responsibilities under the law, which leads to confusion about who should receive benefits or obligations. The concept was first introduced in the
