chargeable

chargeable
chargeable charge‧a‧ble [ˈtʆɑːdʒəbl ǁ ˈtʆɑːr-] adjective
1. FINANCE COMMERCE an amount of money that is chargeable can be charged and must be paid:

• The Tribunal determined that the legal fees chargeable were £4078 plus VAT.

2. COMMERCE work or time that is chargeable must be paid for:

• Partners in independent accountancy practices record, on average, over 1000 chargeable hours per annum, according to the survey.

3. TAX if income or profits are chargeable, tax must be paid on them:

• The company's chargeable profits for the period were agreed at £66,030,816.

* * *

chargeable UK US /ˈtʃɑːdʒəbl̩/ US  /ˈtʃɑːr-/ adjective
COMMERCE, FINANCE something that is chargeable can be charged for or must be paid by someone: »

Fifteen hundred chargeable hours is a common target for personal injury lawyers.

»

All these costs are chargeable to the client.

See also BILLABLE(Cf. ↑billable)
TAX if somethng is chargeable, you must pay tax on it: »

chargeable earnings

»

income that is chargeable to tax

»

Liability to capital gains tax arises where a chargeable gain is made on the disposal of assets.

See also TAXABLE(Cf. ↑taxable)
LAW considered to be a crime: »

Failure to dispose of rubbish safely is a chargeable offence.


Financial and business terms. 2012.

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  • Chargeable — Charge a*ble, a. 1. That may be charged, laid, imposed, or imputes; as, a duty chargeable on iron; a fault chargeable on a man. [1913 Webster] 2. Subject to be charge or accused; liable or responsible; as, revenues chargeable with a claim; a man… …   The Collaborative International Dictionary of English

  • chargeable — index accountable (responsible), actionable, ad valorem, blameful, blameworthy, bound, culpable, delinque …   Law dictionary

  • chargeable — (adj.) late 15c., burdensome, from CHARGE (Cf. charge) (v.) + ABLE (Cf. able). Sense of subject to a tax or payment is from 1610s; that of liable to be made an expense is from 1640s; that of liable to be charged (with an offense, etc.) is from… …   Etymology dictionary

  • chargeable — [chär′jə bəl] adj. 1. that can be, or is liable to be, charged 2. that may become a public charge …   English World dictionary

  • chargeable — charge|a|ble [ tʃardʒəbl ] adjective FORMAL 1. ) if an amount of money is chargeable, it must be paid: Interest is chargeable at 5 percent per year. 2. ) considered to be a crime that you can be officially accused of: a chargeable offense 3. ) if …   Usage of the words and phrases in modern English

  • chargeable — UK [ˈtʃɑː(r)dʒəb(ə)l] / US [ˈtʃɑrdʒəb(ə)l] adjective formal 1) if an amount of money is chargeable, it must be paid Interest is chargeable at 5 per cent per year. 2) if income or property is chargeable, you must pay tax on it chargeable assets 3) …   English dictionary

  • chargeable — [[t]tʃɑ͟ː(r)ʤəb(ə)l[/t]] 1) ADJ: usu v link ADJ If something is chargeable, you have to pay a sum of money for it. [FORMAL] The day of discharge is not chargeable if rooms are vacated by 12.00 noon. 2) ADJ If something is chargeable, you have to… …   English dictionary

  • chargeable — adjective 1 chargeable costs must be paid: Living expenses are chargeable to my account. 2 chargeable assets or gains have to have tax paid on them 3 a chargeable offence is serious enough for the police to officially state that you are guilty of …   Longman dictionary of contemporary English

  • chargeable — charge|a|ble [ˈtʃa:dʒəbəl US ˈtʃa:r ] adj BrE 1.) needing to be paid for ▪ Advice will be given as a chargeable service. 2.) something that is chargeable must have tax paid on it ▪ chargeable assets …   Dictionary of contemporary English

  • chargeable — chargeableness, chargeability, n. chargeably, adv. /chahr jeuh beuhl/, adj. 1. that may or should be charged: chargeable duty. 2. liable to be accused or held responsible; indictable: He was held chargeable for the theft. 3. liable to become a… …   Universalium

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