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Webster's Online English Dictionary

100000+ words defined.
Meaning of word: Powered by Webster's Unabridged Dictionary

assessment


assessment is a   Noun

Definition:

[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.

[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:


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