0 used to describe a bond or other investment that has a high risk of not being paid back:
Transitional relief targets assistance on people in low-rated value properties, regardless of whether they are living in an area benefiting from the safety net.
I am, of course, talking about areas with high concentrations of low-rated tenements and so on.
Those low-rated properties are often occupied by couples who have been frugal and prudent but who do not have the necessary qualifications for a rebate.
The second problem is that of the low-rated properties in the north.
Many retired people moved to areas in which there was low-rated property.
Every local authority will have to look carefully at staffing problems, but there will be problems in low-rated areas.
Clearly, however, the ratepayers in a low-rated area should not be suddenly faced with an unduly steep increase in rates.
He can be posted suddenly from a low-rated area to a high-rated area through no choice of his.