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. 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 ?
Professors are discovering that there are many practical issues that surface when they move toward comprehensive assessment, not the least being finding the storage space for all the projects that can be submitted in a single day.
a comprehensive assessment of the potential for application of high-efficiency cogeneration of heat and power and efficient district heating and cooling systems; 2.
The comprehensive assessment is the ECB s thorough review of participating banks books that each bank under the direct supervision of the ECB has to go through.
Minnesota elementary schools using the Success for All reading program have once again made outstanding progress on the Minnesota Comprehensive Assessment (MCA)-Reading tests.
The comprehensive assessment which consisted of the asset quality review (AQR) and a forward-looking stress test of the banks found a capital shortfall of 25 billion at 25 banks.
This report explains how students with significant disabilities who submit portfolios for the Massachusetts Comprehensive Assessment System (MCAS) Alternate Assessments are evaluated to meet state requirements for a "competency determination" needed to receive a regular high school diploma.
ING Bank has comfortably passed the Asset Quality Review (AQR) and stress test which were part of the Comprehensive Assessment as conducted by the European Central Bank (ECB) and the European Banking Authority (EBA).
This document features a checklist designed to help teachers keep track of student progress on the Math Standards that are tested by the Florida Comprehensive Assessment Test (FCAT).
Deutsche Bank successfully met all requirements of the Comprehensive Assessment. The Asset Quality Review found that no significant adjustments were required to Deutsche Bank s values or ratios.
This paper examines the development of a comprehensive assessment system within a school-university educator preparation collaborative, detailing the evidence sources used in relation to the three categories into which the assessment system is organized (performance, process, and program).
Engage And Support Ride Approved Facilitator(S) In Organizing All Facets Of The Ei/Ecse Comprehensive Assessment System Project Development Work.
This guide explains the results and other information contained in the "Test Item Analysis Report," the "Test Item Report Summary," the "School Report," and the "District Report" for the Massachusetts Comprehensive Assessment System (MCAS) tests of spring 2002.The report contains these sections: (1) "Document Purpose"; (2) "Reporting of the 2002 MCAS Test Results"; (3) "General Guidelines for the Interpretation and Use of MCAS Reports"; (4) "Understanding the 'Test Item Analysis Report' and 'Test Item Analysis Report Summary'"; and (5) "Understanding the 'School" and 'District' Reports." Appendixes discuss the conversion of raw to scaled scores and present a list of MCAS related resources.

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