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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.


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


(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 ?
This sentiment, in addition to national and state mandates for performance-based assessment, resulted in the creation of a more comprehensive evaluation instrument for the practicum experiences.
Further, across a number of US and Australian states, performance-based assessments are used to certify or register new teachers (Larsen, Lock, & Lee, 2005).
The researchers concluded that the performance-based assessment used in this study was an effective process in identifying young gifted children.
The Kentucky Department of Education has included examples of performance-based assessments and scoring rubrics.
The clinical foundation program, the flagship training program for clinical research associates (CRAs) that addresses theoretical knowledge and practical application, followed by performance-based assessment.
April 22, 2013 /PRNewswire-USNewswire/ -- In an effort to assess the instructional capability of its teacher candidates prior to receiving a license, Missouri has chosen Educational Testing Service(ETS) to develop a customized, performance-based assessment as part of the state's Missouri Educator Gateway Assessments.
Assessments include the Millon Clinical Multiaxial Inventory-III, the Rorschach and performance-based assessment, and new chapters on the Personality Assessment Inventory and the NEO Inventories.
This paper demonstrates the potential for technology to improve performance-based assessment and achieve reflective practice in educational leadership classrooms.
In a lengthy performance-based assessment, efficiency is necessary.
First and foremost, the CPA is a performance-based assessment that harnesses the power of portfolios, which showcase a range of student work and give both employers and teachers a better idea of what the young person can do.
Its success and longevity stem from a solid track record of benchmarking the skills of Linux professionals through a performance-based assessment of the competencies necessary to administer Red Hat Enterprise Linux systems.
Dauphin County Technical School, Harrisburg, PA full-time vocational school, grades 9-12 THEN: NOW: * 749 students, 71 faculty * 840 students, 76 faculty * Language arts, math and * Science added to the mix social studies integrated with vocational coursework * Traditional grading * Performance-based assessment * 12th grade co-op * Job shadowing in 9th grade, experiences mentoring in 10th grade, internships in 11th, co-op in 12th

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