- assessed value
- The value of property as estimated and fixed by the proper authorities for purposes of taxation. Baisden v Greenville, 215 Ala 512, 515, III So 2.
Ballentine's law dictionary. Anderson, W.S.. 1998.
assessed value
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assessed value — UK US noun [C or U] ► TAX, PROPERTY the value of a property or of land, that is used to decide how much tax has to be paid on it: » The public tax assessor will calculate the assessed value of your home, and this will be the amount on which the… … Financial and business terms
assessed value — The dollar amount a public tax assessor sets in deciding what a piece of property is worth; this figure is used as the basis for calculating how much property tax is owed on the property. Category: Real Estate & Rental Property Nolo’s Plain… … Law dictionary
Assessed Value — The dollar value assigned to a property for purposes of measuring applicable taxes. Assessed valuation is used to determine the value of a residence for tax purposes and takes comparable home sales and inspections into consideration. It is the… … Investment dictionary
assessed value — the value of something as determined by an assessor, esp. the value of real property. * * * … Universalium
assessed value — the value of something as determined by an assessor, esp. the value of real property … Useful english dictionary
value — val·ue 1 / val yü/ n 1 a: a fair return or equivalent in goods, services, or money for something exchanged received good value for the price b: valuable consideration at consideration … Law dictionary
Value engineering — is a systematic method to improve the value of goods and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be increased by either improving the function or reducing the cost. It … Wikipedia
assessed valuation — Value on each unit of which a prescribed amount must be paid as property taxes. The worth or value of property established by taxing authorities on the basis of which the tax rate is applied. Commonly, however, it does not represent the true or… … Black's law dictionary
assessed valuation — Value on each unit of which a prescribed amount must be paid as property taxes. The worth or value of property established by taxing authorities on the basis of which the tax rate is applied. Commonly, however, it does not represent the true or… … Black's law dictionary
assessed valuation — assessed valuation, the percentage of the total market value of property used by a government as a basis of taxation … Useful english dictionary
