The date on which an asset is officially appraised and priced.
the local market probably moved very little between the date of sale and the valuation date
Example sentencesExamples
- Based on the agreement of the parties, I find that the value of the vehicle was $6,000.00 at valuation date.
- These events took place after valuation date and have no bearing on the equalization of net family property.
- The Family Law Act anticipates that the court makes a calculation of the net family property based on ownership at valuation date.
- The site could have been sold to a developer at the valuation date.
- There was likely an undisclosed balance in his trading account at valuation date.