alternate valuation

noun

Legal Definition of alternate valuation 

: the appraisal of a deceased person's gross estate at the fair market value six months after the person's death

Learn More about alternate valuation

Share alternate valuation

Comments on alternate valuation

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

WORD OF THE DAY

obstinately defiant of authority

Get Word of the Day daily email!

Test Your Vocabulary

Autumn Words of the Day 2018

  • a-top-down-image-of-road-through-an-autumn-forest
  • Which is a synonym of fugacious?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Syn City

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

TAKE THE QUIZ

Love words? Need even more definitions?

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