reassessment
Britishnoun
Explanation
To perform a reassessment of something is to evaluate it again, or reappraise it, especially if its value has changed or new information has altered your understanding of it. Towns and cities that charge property taxes need to know how much buildings are worth, so they can charge an appropriate amount. But, since real estate is always changing, towns and cities occasionally perform what's called a "reassessment" to determine the current value of each building. And since it is easy to misspell, don't forget: reassessment has two sets of two s's.
Vocabulary lists containing reassessment
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“A reassessment of these prospects could trigger a fall in equity prices that might be amplified by high concentration, correlated momentum-driven positions that can exacerbate volatility as markets fall, and increased leverage,” the BOE said.
From The Wall Street Journal ● Jul. 7, 2026
AI-related and growth stocks experienced a midweek selloff, with the Nasdaq Composite falling 2% amid investor reassessment of valuations.
From Barron's ● Jun. 11, 2026
But the DWP's own advisers say ministers have not done enough to reassure claimants, including those described as having "fluctuating" conditions, that "undertaking work‑related activities might lead to reassessment", and hence lower benefit awards.
From BBC ● Mar. 30, 2026
But the latest allegations against Chávez are going to require more accountability and reassessment.
From Los Angeles Times ● Mar. 27, 2026
In this connexion it should be stated that during 1899 the reassessment of the land tax, a much-needed reform, was seriously taken in hand.
From Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 1 "Edwardes" to "Ehrenbreitstein" by Various
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
