over·​as·​sess·​ment | \ ˌō-vər-ə-ˈses-mən How to pronounce overassessment (audio) , -a-\
plural overassessments

Definition of overassessment

: the act or an instance of assessing something (such as a property) at too high a rate, amount, or value : improperly high assessment If anyone has had to sell their [condo] units for a loss, that has … to do with speculation, and overassessment of what the units were actually worth.— Brent Toderian Appeals coming from the neighborhood are expected to alert the tax assessor to the neighborhood's overassessment, causing assessments to be lowered in the following year.— Keith R. Ihlanfeldt … made an error in its measurements of the … property, which resulted in an overassessment of about $24 million.— Damon Lawrence

Other Words from overassessment

overassess \ ˌō-​vər-​ə-​ˈses How to pronounce overassess (audio) , -​a-​ \ transitive verb overassessed; overassessing
Experts estimate that between 30 to 60 percent of taxable property is overassessed. — Barry Sharpe … the properties of some predominantly minority school districts were overassessed an average of 27 percent … — Matt Clark … a large condo tower full of overassessed units. — Aaron Elstein

First Known Use of overassessment

1644, in the meaning defined above

Keep scrolling for more

Learn More about overassessment

Statistics for overassessment

Look-up Popularity

Time Traveler for overassessment

The first known use of overassessment was in 1644

See more words from the same year

Comments on overassessment

What made you want to look up overassessment? Please tell us where you read or heard it (including the quote, if possible).


an act or instance of returning to life

Get Word of the Day daily email!

Test Your Vocabulary

Words from Greek and Latin Quiz

  • roman forum
  • Which of the following months comes from a Latin word for “ten”?
True or False

Test your knowledge - and maybe learn something along the way.

Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!