assessment

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Related to primary assessment: secondary assessment

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 ?
Research on primary assessments is alarmingly sparse, with little guidance provided to teachers on appropriating traditional developmental assessments to function within accountability contexts (Pyle & DeLuca, 2013).
Last October, I set out my intention to establish a settled, trusted primary assessment system.
The FAME study protocol provides that the primary assessment of efficacy will be based on the Modified ART dataset and that the other datasets will be considered secondary; the protocol did not specify the Full Analysis Set as a dataset for analysing the study.
Although research shows that experiential learning is more effective, university teachers continue to use written tests as their primary assessment tool.
These are the conclusions of the International Benchmarking Survey 2004, the Government's primary assessment tool for the adoption and use of ICT by businesses which is sponsored by the Department of Trade and Industry.
This year, in a comprehensive, peer-review process, the nominees were judged on the primary assessment themes of Concept, Value, Delivery and Impact.
The government has today published its plans to create a stable and proportionate primary assessment system for the long-term.
Viability Ratings were assigned July 20, 2011 and represent Fitch's primary assessment of the intrinsic creditworthiness of financial institutions.
Plans have been announced by Education Secretary Justine Greening for a primary assessment system which focuses on pupil progress, mastering literacy and numeracy, and scrapping unnecessary workload for teachers.
Fitch will now use Viability Ratings as its primary assessment of the intrinsic creditworthiness of these institutions.
Patients in the study underwent primary assessment of efficacy using Hidradenitis Suppurativa Clinical Response (HiSCR) scores at 12 weeks, continued by a follow up phase to assess time to relapse after an additional 12 weeks without therapy.
The primary assessment of safety will be an analysis of non-inferiority to comparator drugs using a composite cardiovascular endpoint from a safety database pooled from all four Phase 3 trials.