Assessed Value
The dollar amount a public tax assessor sets in deciding what a piece of property is worth; this figure is used as the basis for calculating how much property tax is owed on the property.
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assessed value the value that a public official has placed on any asset (used to determine taxes).
assessments the method of placing value on an asset for taxation purposes.
Assessed Value:
The value of something, the value of property upon which a tax rate will be imposed.
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Assessed Value
A value placed on a property by local government as a basis for property taxes.
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Assement Base
The total assessed value of all property in a given assessment district.
Latin for "based on value," which applies to property taxes based on a percentage of the county's assessment of the property's value. The assessed value is the standard basis for local real property taxes, ...
Definition - Noun
: a record of the properties in a taxing district that includes the taxes due and paid on each property and is sometimes combined with a record of assessed values
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generally did require compensation. The common practice was to pay 10 per cent more than the assessed value. However, as the voting franchise was expanded to include more non-landowners, the bonus was eliminated.
 See also: Price, State, Property, Nation, Information
  
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