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assessment |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Wikipedia, Hutchinson | 0.03 sec. |
assessmentProcess of setting a value on real or personal property, usually for the purpose of taxation. It is carried out either by central government agencies or by local officials. Property may be assessed on the basis of its annual rental value, as in Britain, or its capital value, as in the U.S. Various methods are used to determine capital value, including analysis of market data to estimate the property's current market price, estimation of the cost of reproducing the property minus accrued depreciation, and capitalization of the property's earnings. |
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| It was also published in the Wall Street Journal, and it was to the effect, on apparently straight inside information, that on Thursday, when the directors of Ward Valley met, instead of the customary dividend being declared, an assessment would be levied. To designate for the heaviest political assessment. The harp is the travelling patterer for the Universe's Insurance Company, recommending its laws, and our little goodness is all the assessment that we pay. |
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assessment