Charge-cap



verb (transitive) -caps, -capping, -capped
(formerly in Britain) to impose on (a local authority) an upper limit on the community charge it may levy

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  • Chargeability

    that may or should be charged: chargeable duty. liable to be accused or held responsible; indictable: He was held chargeable for the theft. liable to become a charge on the public. adjective charged or liable to be charged liable to result in a legal charge adj. late 15c., “burdensome,” from charge (v.) + -able. Sense […]

  • Chargeable

    that may or should be charged: chargeable duty. liable to be accused or held responsible; indictable: He was held chargeable for the theft. liable to become a charge on the public. adjective charged or liable to be charged liable to result in a legal charge adj. late 15c., “burdensome,” from charge (v.) + -able. Sense […]



  • Chargeable asset

    noun any asset that can give rise to assessment for capital gains tax on its disposal. Exempt assets include principal private residences, cars, investments held in a personal equity plan, and government securities

  • Chargeable transfer

    noun a transfer of value made as a gift during a person’s lifetime that is not covered by a specific exemption and therefore gives rise to liability under inheritance tax



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