assessment

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Assessment

The process by which the financial worth of property is determined. The amount at which an item is valued. A demand by the board of directors of a corporation for the payment of any money that is still owed on the purchase of capital stock. The determination of the amount of damages to be awarded to a plaintiff who has been successful in a lawsuit. The ascertainment of the pro rata share of taxes to be paid by members of a group of taxpayers who have directly benefited from a particular common goal or project according to the benefit conferred upon the individual or his or her property. This is known as a special assessment. The listing and valuation of property for purposes of fixing a tax upon it for which its owner will be liable. The procedure by which the Internal Revenue Service, or other government department of taxation, declares that a taxpayer owes additional tax because, for example, the individual has understated personal gross income or has taken deductions to which he or she is not entitled. This process is also known as a deficiency assessment.

assessment

(Estimation), noun aestimatio, appraisal, appraisement, calculation, determination, estimate, mensuration, rating, reckoning, survey, valuation
Associated concepts: assessment of damages

assessment

(Levy), noun amount assessed as payable, capitation, census, cess, charge, charge levied, exactment, imposition, impost, rate, tallage, tax, toll
Associated concepts: assessed valuation, assessment and collection of taxes, assessment district, assessment for bennfits, assessment for special improvements, assessment innurance, assessment lien, assessment of property, assesssent roll, assessor, equalized assessment, improvements, municipal improvements, public improvements, special assessment, tax assessment, valuation of property
See also: account, ad valorem, appraisal, appreciation, arbitration, charge, choice, computation, concept, conclusion, cost, decision, determination, differentiation, discernment, discretion, discrimination, duty, estimate, estimation, excise, expense, idea, inspection, judgment, levy, measurement, opinion, perception, price, rate, rating, rent, tariff, tax, toll, value, verdict

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.

References in periodicals archive ?
The UK National External Quality Assessment Scheme (UK NEQAS) for molecular genetic testing in haemophilia.
Pilot external quality assessment survey for post-market vigilance of in vitro diagnostic medical devices and investigation of trueness of participants' results.
Despite the challenges, commutability remains an essential requirement for a reference material intended for use in a calibration traceability process or for evaluating the agreement among measurement procedures in an external quality assessment (proficiency testing) program.
External quality assessment samples were derived by donation for the trials and surveys conducted in 2005 and 2006.
Different types of commercial lyophilized control plasma samples were distributed to the different types of POC INR instruments, TriniCHECK (Trinity Biotech) and OKP (MediRox AB) for Simple Simon, TriniCHECK and Control Plasma AK (Axis-Shield) for Thrombotrack, and UKNEQAS (the United Kingdom National External Quality Assessment Scheme) for Blood Coagulation provided samples for the CoaguChek XS Plus.
Vitamin D External Quality Assessment Scheme (DEQAS) 25(OH)D report, October 2011 distribution.
To deliver external quality assessment (EQA) schemes for supporting the surveillance of Legionnaires~ disease at a European level to ensure a high quality of laboratory diagnosis, sequence typing and environmental investigation in all reference laboratories in EU/EEA Member States, acceding, candidate and potential candidate countries.
2] Nonstandard abbreviations: POCT, point-of-care testing; EQA, external quality assessment.
The National Reference Laboratory (NRL) through Association of Public Health Laboratories (APHL),an Internal Implementing Partner in Rwanda have launched an online External Quality Assessment (EQA) web based software.
This expression was a quality goal and was meant for use in External Quality Assessment Service reports.
Contract award: External quality assessment of performance of laboratories participating in the European antimicrobial resistance surveillance network (EARS-Net).
In a number of regional and national external quality assessment (EQA) schemes in Italy, covering about one half of the country, only 10% to 20% of the laboratories presently use the forward reaction, although this percentage is slowly increasing.

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