Assessment
As`sess´ment
| n. | 1. | The act of assessing; the act of determining an amount to be paid; |
| 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; | |
| 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"). |
| Noun | 1. |  assessment - the classification of someone or something with respect to its worthSynonyms: appraisal |
| 2. | assessment - an amount determined as payable; "the assessment for repairs outraged the club's membership" | |
| 3. | assessment - the market value set on assets | |
| 4. | assessment - the act of judging or assessing a person or situation or event; "they criticized my judgment of the contestants" |
ASSESSMENT. The making out a list of property, and fixing its valuation or appraisement; it is also applied to making out a list of persons, and appraising their several occupations, chiefly with a view of taxing the said persons and their property.
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