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The process of determining the value or worth of an asset. There are several methods professionals use to perform a valuation, often including both objective and subjective criteria. Valuation is often used as a synonym for appraisal.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

VALUATION. The act of ascertaining the worth of a thing; or it is the estimated worth of a thing.
     2. It differs from price, which does not always afford a true criterion of value, for a thing may be bought very dear or very cheap. In some contracts, as in the case of bailments or insurances, the thing bailed or insured is sometimes valued at the time of making the contract, so that if lost, no dispute may arise as to the amount of the loss. 2 Marsh. Ins. 620; 1 Caines, 80; 2 Caines 30; Story, Bailm. Sec. 253, 4; Park Ins. 98; Wesk. Ins. h.t.; Stev. on Av. part 2; Ben. on Ins. ch. 4.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Calves from genomically valuated fathers and those from Germany and the Netherlands were significantly lighter (p a$?
Valuation for the acquisition was based on the "paid in/paid up" capital into NFS by each shareholder with an issuance of SuperBox shares that was valuated at its current trading price of USD 0.25 per share and a historical exchange rate obtained from the Bank of Canada.
The board discussed the matter in detail and valuated the situation that some of the essential and life-saving medicines, including anti-tuberculosis, drugs are in short supply or partial availability in the market.
Sometimes, a house is also valuated based on who lives in it.
When asked if lands in Qatar are accurately valuated, Archer emphasised that "it is not a question of whether properties are being valued incorrectly.
Eyewear maker Ditto, which was suited by NPE Lenon Imaging Technology, was valuated $3 to $4 million less as a result of that suit.
It consists of medium sized commercial properties located downtown in the following cities: Alexandria, Bistrita, Braila, Buzau, Cluj-Napoca, Galati, Piatra Neamt, Ploiesti, Ramnicu Valcea, Slatina, Tulcea, Turda and Vaslui.Italian IGD owns a real estate portfolio valuated at EUR 1.9 billion this June.