assess


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Assess

To determine financial worth. To ascertain the amount of damages. To fix and adjust the individual shares to be contributed by several persons toward a common beneficial objective in proportion to the benefit each person will receive. To tax by having qualified experts estimate the value of property by considering the nature of the property, its size, the value of other comparable property, and the proportionate share of services that is used by that property. To levy a charge on the owner of property that has been improved at the expense of the local government unit, such as when sewers or sidewalks are installed.

assess

v. to set a value on property, usually for the purpose of calculating real property taxes. The assessed value is multiplied by the tax rate to determine the annual tax bill. This function is usually performed by employees of the County Assessor. In California, under Proposition 13, the new assessment can only take place upon sale of real property.

assess

(Appraise), verb aestimare, apprize, ascertain, calculate, calibrate, compute, consider, count, determine, estimate, evaluate, fix the value, gauge, judge, measure, mensurate, mete, rate, reckon, set, valuate, value, weigh
Associated concepts: assess a penalty, assess damages, assessed valuation

assess

(Tax), verb affix an impost, charge with one's share, demand a payment, demand toll, exact a charge, exact a toll, excise, fix a valuation, impose a charge, impose a levy, lay an impost, levy
Associated concepts: assess taxes
See also: adjudge, arbitrate, calculate, compel, consider, criticize, encumber, evaluate, exact, excise, gauge, judge, levy, measure, mete, notice, observe, rate, require, tax

TO ASSESS. 1. To rate or to fix the proportion which every person has to pay of any particular tax. 2. To assess damages is to ascertain what damages are due to the plaintiff; in actions founded on writings, in many cases after interlocutory judgment, the prothonotary is directed to assess the damages; in cases sounding in tort the damages are frequently assessed on a writ of inquiry by the sheriff and a jury.
     2. In actions for damages, the jury are required to fix the amount or to assess the damages. In the exercise of this power or duty, the jury must be guided by sound discretion, and, when the circumstances will warrant it, may give high damages. Const. Rep. 500. The jury must, in the assessment of damages be guided by their own judgment, nd not by a blind chance. They cannot lawfully, therefore, in making up their verdict, each one put down a sum, add the sums together, divide the aggregate by the number of jurors, and adopt the quotient for their verdict. 1 Cowen, 238.

References in periodicals archive ?
To solve this problem CPAs can leverage section 404 and other documentation already created to assess the organization's internal control activities.
Because varying methodologies and criteria are used to assess quality, no resounding conclusion on quality could be attained.
Their responses will help you assess and augment their sense of judgment.
This model needed to be portable so that it could operate on laptop computers, be user friendly and capable of assessing multiple "what if" scenarios which can assess the support cost of alternative support strategies.
Just like other key foundry variables, you can't fix employee skill deficiencies until you've properly assessed the situation.
Student perceptions were also assessed about the use of PBL.
The AACSB'S Standards for Assurance of Learning for business accreditation requires accredited schools to develop learning goals for each program, assess student achievement of such goals and to use assessment results as a way of continually improving programs; see Eligibility Procedures, p.
Once a tax has been properly assessed, the code doesn't require the IRS to then separately assess the same tax against the parties that are secondarily liable for it.
At issue is how to develop a new set of information in addition to that delivered by traditional underwriting that can improve how the industry assesses mortality risk in elderly applicants.
1) Examine the relationship between health literacy and health disparities; 2) analyze the role of health literacy in the prevention and treatment of chronic diseases; 3) identify the relationship between health literacy variation and the ability to engage in informed decision making for a variety of health issues, such as chronic disease management and participation in clinical trials; 4) evaluate the magnitude of the problems caused by low levels of health literacy or by professionals' lack of effective communication skills for adapting to the communication needs of consumers with differing levels of literacy; or 5) assess the role of health literacy as a mediator or moderator of health care access across adulthood.
This guide provides a reference for PMs and their teams to design in, and then assess the effectiveness of their TLCSM responsibilities in implementing PBL strategies anywhere along the system's life cycle.