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assessed value

American  

noun

  1. the value of something as determined by an assessor, especially the value of real property.


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.

During his 35-year tenure as a commissioner for King County Drainage District 5 and 5A, Allan Thomas was responsible for estimating the district’s drainage maintenance costs so the county auditor could set and assess taxes.

From Seattle Times • Jan. 11, 2023

The ruling on Monday grew out of a 2013 effort by the cities to assess taxes against the sites for an eight-year period ending in April 2009.

From Washington Times • Sep. 9, 2019

First of all, heirs must know that the Internal Revenue Service will not assess taxes based on inherited income up to a certain level.

From Encyclopedia.com • Apr. 9, 2018

But some states set their own time clocks, giving them even more time to assess taxes.

From Forbes • Mar. 14, 2014

If the whole body of ratepayers had assembled in vestry meeting, to enact by-laws and assess taxes, the course of development would have been like that of the New England town-meeting.

From Civil Government in the United States Considered with Some Reference to Its Origins by Fiske, John

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