Definition of VALUATION

the act of placing a value on the nature, character, or quality of something <my valuation of your musical talent has nothing to do with our friendship>
the amount of money for which something will find a buyer <the final auction bid was still less than the minimum valuation that we had specified as acceptable, so the painting was withdrawn>
Synonyms valuation, worth
the relative usefulness or importance of something as judged by specific qualities <the low valuation that society places on knowledge for the sake of knowledge>

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