assessment

as·sess·ment

noun \ə-ˈses-mənt, a-\

Definition of ASSESSMENT

1

: the action or an instance of assessing : appraisal

2

: the amount assessed

Examples of ASSESSMENT

1. It's a difficult problem that requires careful assessment.
2. I don't agree with his assessment of the problem.
3. The owners claimed the tax assessment on their house was too high.

First Known Use of ASSESSMENT

1534

Related to ASSESSMENT

Synonyms: tax, duty, imposition, impost, levy

Related Words: direct tax, personal tax; capitation, custom(s), excise, hidden tax, income tax, poll tax, property tax, sales tax, single tax, sin tax, tariff, toll, tribute, value-added tax, withholding tax; supertax, surcharge, surtax; death tax, estate tax, inheritance tax; flat tax, proportional tax

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Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with ASSESSMENT

impressment, investment