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.
The decline in Rocket Lab’s stock reflects investor reassessment of valuations in the space sector, with the company remaining unprofitable.
From Barron's • Jun. 3, 2026
“A more persistent disruption of energy supply and notably weaker growth could trigger a reassessment of sovereign risk by market participants,” the ECB said.
From The Wall Street Journal • May 27, 2026
But it has been very much "business as usual" at St James' Park this week following PIF's reassessment of priorities elsewhere.
From BBC • Apr. 17, 2026
But the latest allegations against Chávez are going to require more accountability and reassessment.
From Los Angeles Times • Mar. 27, 2026
The faith in immortality carries with it the assurance of a Divine reassessment of earth's inequalities.
From What Peace Means by Van Dyke, Henry
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.