revaluation

[ree val-yoo-ay-shuhn]

noun

1. the act or process of revaluing something.

2. a new or revised estimation resulting from revaluing.

Example Sentences

Welsh government plans for a revaluation, which could see lower bills for some and higher ones for others, were delayed until 2028.

From BBC

One ambitious backbencher has backed a land tax and argued for £20bn of revenue-raising, including a revaluation of council tax in England, and higher levies on the savings and investments of high earners.

From BBC

They included a council tax revaluation; less pensions tax relief for the better off; a land tax; a new tax on property owners and not tenants.

From BBC

He suggests that in time there could be a summit of the world's economic powers, where allies and rivals thrash out the revaluation of the dollar, perhaps at the president's Florida residence.

From BBC

Another part of her package is a revaluation of domestic properties, an exercise which was last carried out in 2006.

From BBC