Definitions for: Assessment

[n] the act of judging or assessing a person or situation or event; "they criticized my judgment of the contestants"
[n] the market value set on assets
[n] the classification of someone or something with respect to its worth
[n] an amount determined as payable; "the assessment for repairs outraged the club's membership"

Webster (1913) Definition: As*sess"ment, n. [LL. assessamentum.]
1. The act of assessing; the act of determining an amount to
be paid; as, an assessment of damages, or of taxes; an
assessment of the members of a club.

2. A valuation of property or profits of business, for the
purpose of taxation; such valuation and an adjudging of
the proper sum to be levied on the property; as, an
assessment of property or an assessment on property.

Note: An assessment is a valuation made by authorized persons
according to their discretion, as opposed to a sum
certain or determined by law. It is a valuation of the
property of those who are to pay the tax, for the
purpose of fixing the proportion which each man shall
pay. --Blackstone. Burrill.

3. The specific sum levied or assessed.

4. An apportionment of a subscription for stock into
successive installments; also, one of these installments
(in England termed a ``call''). [U. S.]

Synonyms: appraisal, judgement, judgment

See Also: acid test, act, adjudication, assay, categorisation, categorization, charge, check, classification, cost, critical analysis, critical appraisal, disapproval, estimate, estimation, evaluation, evaluation, human action, human activity, logistic assessment, monetary value, price, rating, rating, reappraisal, reassessment, revaluation, review, sorting, tax assessment, underevaluation, valuation, value judgement, value judgment

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