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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 ?
Unsuspecting taxpayers may find the IRS assessing additional taxes resulting from adjustments to partnership items well after they believed the SOL had expired.
How to Comply with Sarbanes-Oxley Section 404: Assessing the Effectiveness of Internal Control (hardcover, # 029881JA).
Most criteria sets are designed for consumers to use in assessing the usefulness of a particular Web site.
Those assessing the burn area have seen evidence of that already.
Instead of assessing one possible outcome, three different outcomes--low cost, medium cost and high cost--could be assessed.
Judy Solerno, MD, Chief Consultant, Geriatrics and Extended Care, the Department of Veterans Affairs) Ten nurses caring, nine process improvements, eight RT's assessing, seven years of CARF-in, six fewer mergers, five fewer m-e-e-t-i-n-g-s
s response to the findings, this procedure may serve as an exemplar to physician groups concerned with assessing their own patient care.
Worthington suggests that one method of assessing how decisions are made and by which family members is to assign the family a task discussing a current family problem in which they disagree and observe the family's interaction.
The company's flagship product, CORE IMPACT, is the first automated penetration testing product for assessing specific information security threats to an organization.
With no exposure to collegiate level research, assessing these students would give faculty a snapshot of what information literacy skills students have when entering college.
The provision is effective for tax years in which the period for assessing a deficiency did not expire before Oct.
95, Generally Accepted Auditing Standards; Audit Evidence; Audit Risk and Materiality in Conducting an Audit; Planning and Supervision; Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement (Assessing Risks); Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained; and Amendment to SAS no.

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