valuation(redirected from Accounting Valuation)
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The process of determining the value or worth of an asset. There are several methods professionals use to perform a valuation, often including both objective and subjective criteria. Valuation is often used as a synonym for appraisal.
valuationnoun assessment, calculation, determination, estimate, estimated value, estimation, evaluation, examination, fixing a price, measurement, quantification, reckoning, setting a price, setting the value, summary, survey
Associated concepts: property
See also: account, appraisal, appreciation, assessment, census, charge, computation, conclusion, cost, determination, estimate, estimation, expense, face amount, idea, measurement, par, perception, price, rate, rating, regard, value, worth
VALUATION. The act of ascertaining the worth of a thing; or it is the
estimated worth of a thing.
2. It differs from price, which does not always afford a true criterion of value, for a thing may be bought very dear or very cheap. In some contracts, as in the case of bailments or insurances, the thing bailed or insured is sometimes valued at the time of making the contract, so that if lost, no dispute may arise as to the amount of the loss. 2 Marsh. Ins. 620; 1 Caines, 80; 2 Caines 30; Story, Bailm. Sec. 253, 4; Park Ins. 98; Wesk. Ins. h.t.; Stev. on Av. part 2; Ben. on Ins. ch. 4.