Law Dictionary

To search for a particular term please use the following search box.

assessment

(1) an estimate of the value of a piece of real property for the purpose of levying taxes; also called assessed valuation. (2) a charge against real property levied by a public governing body for a local improvement, such as a sewer repair or street paving.

Source : U.S. Department of the Treasury

Language : English

Return

Return to Law Dictionary Index