Definify.com

Webster 1913 Edition


Assessment

As-sess′ment

,
Noun.
[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
.
☞ 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.]

Webster 1828 Edition


Assessment

ASSESS'MENT

,
Noun.
1.
A valuation of property or profits of business, for the purpose of taxation. An assessment is a valuation made by authorized persons according to their discretion, as opposed to a sum certain or determined by law. It may be a direct charge of the tax to be paid; or 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; on which valuation the law imposes a specific sum upon a given amount.
2.
A tax or specific sum charged on the person or property.
3.
The act of assessing; the act of determining the amount of damages by a jury.

Definition 2024


assessment

assessment

English

Noun

assessment (plural assessments)

  1. The act of assessing or an amount (of tax, levy or duty etc) assessed.
  2. An appraisal or evaluation.

Translations