valuation

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Valuation

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.

valuation

noun assessment, calculation, determination, estimate, estimated value, estimation, evaluation, examination, fixing a price, measurement, quantification, reckoning, setting a price, setting the value, summary, survey
Associated concepts: property
See also: account, appraisal, appreciation, assessment, census, charge, computation, conclusion, cost, determination, estimate, estimation, expense, face amount, idea, measurement, par, perception, price, rate, rating, regard, value, worth

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.

References in classic literature ?
Now, however, a new table of valuations must be placed over mankind--namely, that of the strong, mighty, and magnificent man, overflowing with life and elevated to his zenith--the Superman, who is now put before us with overpowering passion as the aim of our life, hope, and will.
I was absent from Baltimore, for the purpose of valuation and division, just about one month, and it seemed to have been six.
She took my answer at her own valuation and was satisfied.
The day, according to any current valuation, had been a rather ridiculous failure; he had not so much as touched Madame Olenska's hand with his lips, or extracted one word from her that gave promise of farther opportunities.
One day, when he was doing some valuation for me, he told me point-blank that clergymen seldom understood anything about business, and did mischief when they meddled; but he said it as quietly and respectfully as if he had been talking to me about sailors.
I wasted a long time there trying to persuade Goork to accept me at my own valuation, but he was too canny.
And yet, much as she had liked him she had liked the bourgeois standard of valuation more.
Some of the furniture in the upper rooms, not being wanted by the last tenant, was left to be taken at a valuation if the next tenant needed it.
After his valuation the land must be put up three times to auction, and if no one bids more, the purchaser can have it at that rate.
He was ready to take old de Barral--the convict--on his daughter's valuation without the slightest reserve.
A government resting on a valuation of property, in which the rich have power and the poor man is deprived of it.
It has dawned upon me that I have never placed a proper valuation upon womankind.