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annual value

From Longman Business Dictionary
Related topics: Finance
annual valueˌannual ˈvalue British English [countable, uncountable] PROPERTY the value of a property, used to calculate the amount of local tax that must be paid on it SYN assured value AmEIn 1445, his English estates had an annual value of over £1,061.The tax base, or rateable value, is the net annual value of the property occupied. value
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