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as·sess /ə-'ses/ vt1: to determine the rate or amount of (as a tax)2 a: to impose (as a tax) according to an established rateb: to subject to a tax, charge, or levyeach property owner was assess ed an additional five dollars3: to make an official valuation of (property) for the purposes of taxationas·sess·able /ə-'se-sə-bəl/ adjas·sess·ment n
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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I
(appraise) verb
aestimare, apprize, ascertain, caclulate, calibrate, compute, consider, count, determine, estimate, evaluate, fix the value, gauge, judge, measure, mensurate, mete, rate, reckon, set, valuate, value, weigh
associated concepts: assess a penalty, assess damages, assessed valuation
II
(tax) verb
affix an impost, charge with one's share, demand a payment, demand toll, exact a charge, exact a toll, excise, fix a valuation, impose a charge, impose a levy, lay an impost, levy
associated concepts: assess taxes
III
index
arbitrate (adjudge), calculate, consider, criticize (evaluate), encumber (financially obligate), evaluate, exact, excise (levy a tax), gauge, judge, levy, measure, mete, notice (observe), rate, require (compel), tax (levy)
Burton's Legal Thesaurus. William C. Burton. 2006
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v.To evaluate; to determine a value or price for something; to set a value on property for tax purposes.n.assessment
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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(1) To determine or evaluate the worth of a piece of property (real or personal), often for the purpose of calculating taxes. The assessed value is multiplied by the tax rate to determine the annual property tax bill. (2) The IRS process of recording a tax liability in the account of a taxpayer.Category: Bankruptcy, Foreclosure & DebtCategory: Business, LLCs & CorporationsCategory: Personal Finance & RetirementCategory: Real Estate & Rental Property
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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v.1 To determine the value of something, especially of real estate for property tax purposes.See also appraise.2 To establish the amount of, and then charge, a fine, taxes, or another payment.3 To require stockholders and partners to fill the need for additional capital by making additional contributions to their corporation or partnership.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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To determine financial worth. To ascertain the amount of damages. To fix and adjust the individual shares to be contributed by several persons toward a common beneficial objective in proportion to the benefit each person will receive. To tax by having qualified experts estimate the value of property by considering the nature of the property, its size, the value of other comparable property, and the proportionate share of services that is used by that property. To levy a charge on the owner of property that has been improved at the expense of the local government unit, such as when sewers or sidewalks are installed.
Dictionary from West's Encyclopedia of American Law. 2005.
- assess
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To determine financial worth. To ascertain the amount of damages. To fix and adjust the individual shares to be contributed by several persons toward a common beneficial objective in proportion to the benefit each person will receive. To tax by having qualified experts estimate the value of property by considering the nature of the property, its size, the value of other comparable property, and the proportionate share of services that is used by that property. To levy a charge on the owner of property that has been improved at the expense of the local government unit, such as when sewers or sidewalks are installed.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
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v.to set a value on property, usually for the purpose of calculating real property taxes. The assessed value is multiplied by the tax rate to determine the annual tax bill. This function is usually performed by employees of the County Assessor. In California, under Proposition 13, the new assessment can only take place upon sale of real property.
Law dictionary. EdwART. 2013.