| 释义 |
assessed valuation
assessed valuationThe value of a property as determined by a municipality for real estate tax purposes; often this valuation is less than the true market value of the property.Assessed Valuation
Assessed ValuationThe financial worth assigned to property by taxing authorities that is used as a basis or factor against which the tax rate is applied. A prescribed amount of the value of each unit must be paid as taxes in the future. In most cases, the assessed value is not representative of the fair market value of the property. Assessed valuation
Assessed valuationThe value assigned to property by a municipality for the purpose of tax assessment. Such an assessed valuation is important to investors in municipal bonds that are backed by property taxes.Assessed ValuationThe value of a property as determined by an appraisal conducted by a municipality. The assessed valuation usually occurs every year when a municipality asks for appraisal to determine the liability for property taxes. If a property owner wishes to dispute the value of an appraisal, he/she may request a reassessment. The assessed valuation may take into account the quality of the property, values of surrounding properties, and market conditions in the area. |