Tollable

Tollable describes something, typically a road, bridge, or service, upon which a toll or fee can be legally and legitimately imposed. This implies the existence of regulations, infrastructure, and often a public or private entity responsible for collecting the payment. The toll levied is generally used for maintenance, operational costs, and sometimes to fund further developments. The presence of a toll booth, electronic toll collection system, or other payment method is a key indicator of a tollable entity. Additionally, this term can figuratively apply to situations where a 'price' – be it effort, time, or cost – is associated with accessing or achieving something.

Tollable meaning with examples

• The new highway bridge is tollable, meaning drivers must pay a fee to cross it. This toll helps maintain the bridge's structural integrity and provides funding for future transportation projects. Signs clearly indicate the toll amount and payment methods. Ignoring these regulations will result in a fine or legal action. Proper signage and designated payment points are a fundamental part of a tollable system.
• Because the project involves significant use of specialized equipment, the software platform is, for all intents and purposes, tollable. While not a physical toll, users pay a subscription fee to access its resources. Developers are charged according to the amount of CPU usage they have. The funds generated are then reinvested to improve the technology and offer better functionality.
• The city council deemed the new tunnel a tollable asset, authorizing a variable charge based on vehicle type and time of day. This revenue stream will help finance the long-term upkeep of the tunnel and alleviate traffic congestion by pricing out some less necessary trips. The revenue generated from this approach is also expected to help with traffic control.
• Access to the exclusive online resource is tollable, requiring either a membership fee or a per-use charge. This model ensures that the developers are compensated for their work and that the servers remain operational. Without this payment scheme, there would not be the capacity to maintain this asset. These fees enable consistent upgrades and maintenance, which ensures proper operation.