ASSESSMENT • DICTIONARY ONE.COM • Definition of Assessment

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/əsˈɛsmənt/ Listen

noun

Assessment n.

The act of assessing; the act of determining an amount to be paid; as, an assessment of damages, or of taxes; an assessment of the members of a club.

A valuation of property or profits of business, for the purpose of taxation; such valuation and an adjudging of the proper sum to be levied on the property; as, an assessment of property or an assessment on property. Note: An assessment is a valuation made by authorized persons according to their discretion, as opposed to a sum certain or determined by law. It is a valuation of the property of those who are to pay the tax, for the purpose of fixing the proportion which each man shall pay.

The specific sum levied or assessed.

An apportionment of a subscription for stock into successive installments; also, one of these installments (in England termed a "call"). (U. S.)

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Etymology of 'Assessment'

Collaborative International Dictionary of English 0.48

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"Assessment" Quotes from Famous Books

... struggle. I wrote therefore to the proper authority, making protest, and was told that the matter would be investigated. After a lapse of some days, I was invited to call at the City Hall. There I was informed by one of the subordinate officials that it was undoubtedly a case of malice—that the assessment had been made by either a personal or a political enemy. I was then taken to see the Chief. The Chief was a corpulent Irishman of the worst type. My guide leaned over him and in an undertone, but not so low that I did not hear, gave him a brief resume of the story, stating ...

— The Twentieth Century American - Being a Comparative Study of the Peoples of the Two Great - Anglo-Saxon Nations • H. Perry Robinson

... are seldom deceived, for they will trust nobody. They may always deceive, for you must trust them, as for instance, if you travel, to ask a bill of Particulars is to purre in a wasp's nest, you must pay what they ask as sure as if it were the assessment of a Subsidy." ...

— A Wanderer in Holland • E. V. Lucas

... roadmaster. This soon gave cause for dissatisfaction, and reasonably, for it was hardly fair to expect a poor man to contribute as much toward the improvement of highways as his rich neighbour. The Act was amended, and the number of days' work determined by the assessment roll. The power of opening new roads, or altering the course of old ones, was vested in the Quarter Sessions. This matter is now under the control of the County Councils. The first government appropriation for roads ...

— Life in Canada Fifty Years Ago • Canniff Haight

... is safer than in the outskirts of a large city, because public improvements are much less costly. If you put $500 in a $5000 home and carry the balance on mortgage, an assessment of $1000 for streets or sewers, which helps the vacant lots, will probably put you out of business. Whether for use or speculation, buy in an established neighborhood or where the circumstances and neighbors are ...

— Three Acres and Liberty • Bolton Hall

... press them further," Egbert answered; "but methinks that we might raise a band consisting of all the youths and unmarried men in the earldom. These we might train carefully and keep always together, seeing that the lands will still be cultivated and all able to pay their assessment, and may even add to it, since you exempt them from service. Such a band we could train and practise until we could rely upon them to defeat a far larger force of the enemy, and they would be available for our crew when we take ...

— The Dragon and the Raven - or, The Days of King Alfred • G. A. Henty

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