U.K. vs ratable

U.K. is a noun but ratable is not a noun.

Word	Noun	Adjective	Verb	Adverb
U.K.	Yes	No	No	No
ratable	No	Yes	No	No

U.K. (noun)	ratable (noun)
a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom

U.K. (adjective)	ratable (adjective)
	liable to payment of locally assessed property taxes