Evaluating suggests an attempt to determine relative or intrinsic value in terms other than monetary. To determine the financial value. To determine the amount of damages. Determination and adjustment of individual shares to be contributed by several persons for a common economic objective for the benefit of each person. Taxation by qualified experts who estimate the value of the property taking into account the type of property, its size, the value of other comparable real estate and the proportional share of services used by that property. Charge fees to the owner of properties that have been upgraded at the expense of the local government unit, such as installing sewers or sidewalks. 1530s, “Value of property for tax purposes”, by Assess + -ment. The meaning of “act of determining or adjusting the rate of tax, fees, damages, etc., to be paid” dates back to the 1540s (earlier in this sense was assession, mid-15th century). The general meaning of “estimate” is recorded from the 1620s; in the educational jargon of 1956. The process by which the financial value of assets is determined. The amount at which an item is valued.
A claim by the board of directors of a company for the payment of sums still due when purchasing the share capital. Determining the amount of damages to be awarded to a successful plaintiff in a dispute. The determination of the proportional share of taxes payable by members of a group of taxpayers who have benefited directly from a particular common objective or project, corresponding to the advantage granted to the person or his assets. This is called a special assessment. The registration and valuation of a property for the purpose of determining a tax payable by its owner. The procedure by which the Internal Revenue Service or other state tax authority declares that a taxpayer owes additional taxes because, for example, the person has understated his gross personal income or made deductions to which he or she is not entitled. This process is also called defect assessment. TO ASSESS. 1. The rate or determination of the proportion payable by each person of a given tax. 2.
The assessment of injury consists of determining to what damage the plaintiff is entitled; In written trials, in many cases, the prothonotary is responsible for assessing the damage after an interlocutory judgment; In tort cases, damages are often assessed at the request of the sheriff and a jury. 2. In actions for damages, the jury shall determine the amount or assess the damage. In exercising this power or function, jurors must be guided by enlightened discretion and, if circumstances warrant, may pay substantial damages. Const. Rep. 500. Juries must be guided by their own judgment in assessing damages and must not be guided by blind chance. Therefore, they cannot legally establish a sum, add up the sums, divide the sum by the number of jurors and accept the quotient for their verdict. 1. Cowen, page 238 v.
The estimated value is multiplied by the tax rate to determine the annual tax bill. This function is usually performed by the employees of the county assessor. In California, the reassessment of Proposition 13 can only be made when selling real estate. Source: U.S. Department of Housing and Urban Development A brief definition of valuation: setting a value; to be evaluated. Most often used in connection with taxes. The following is a definition and brief description of national security assessment: An assessment of the potential value of an agent or source. Education and communication > organization of teaching > the pace of school work contribute to the estimation of the notion of placing something according to a scale of values. A definition of Prior Learning Assessment and Recognition (PLAR) is provided here: Prior Learning Assessment and Recognition (PLAR) is a process of identifying, assessing and recognizing what a person knows and can do. The process can take a variety of forms and the results can be used for a variety of purposes relevant to the goals of individuals, labour market partners (including unions) and society as a whole.
PLAR can allow a person to receive some form of recognition for the skills and knowledge they possess. PLAR should place equal value on learning and skills, whether they come from school, community service, on-the-job training or other life experiences. Value is equal to valuation, but does not imply expertise in judgment. Legal definition and related resources of valuation Alternative definitions of valuation: (1) Estimating the value of real estate for tax purposes. (2) A levy on capital in addition to general taxes. Normally, the evaluation of improvements such as roads, sewers, etc. usually means the determination of the monetary value of a thing by an expert, but it can be used by any critical judgment. Estimating, evaluating, evaluating, evaluating, evaluating, evaluating means judging something according to its value or importance. Evaluation involves critical appraisal for the purpose of understanding or interpreting or as a guide to take action.
The preparation of a list of properties and the determination of their evaluation or evaluation; It also applies to the drawing up of a list of persons and the assessment of their various professions, mainly with regard to the taxation of such persons and their assets. An assessment is the IRS`s process for determining tax liability, which initiates collection procedures, such as charging interest, imposing penalties, and seizing property, if necessary. 1. Determination and correction of the respective shares to be contributed by several persons in proportion to the advantage received in an object advantageous to all.
