Assess

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Assess

1. To estimate the value of a property, especially for property tax purposes. For example, a county may send an assessor to one's house to assess its value and base the property tax one owes on that assessment.

2. To decide the cost of something. For example, an insurance company may assess the damage of a house fire at $120,000 and agree to pay that much toward repairs. Alternatively, the government may assess that one owes $50,000 in income tax based upon one's income the previous year.
References in periodicals archive ?
These penalties or assessable payments will be due on receipt of an IRS notice of and demand for payment.
The assessable payment amount for failing to offer minimum essential coverage (Sec.
If doctors can step outside of the role of legitimate medical authority to weigh in on disagreements about nonmedically assessable means, why could they not legitimately participate in discussions about ends?
The key element in s 51(1) is the requisite connection or nexus between the outgoing and the assessable income.
It can be recalled that Heavy Industries Minister Praful Patel had stated "If imposing this additional duty is entirely unavoidable on account of revenue and the subsidised price of diesel, may I request you to exempt all such vehicles classified as SUV that have an assessable value of up to Rs 10 lakh from the ambit of three per cent additional excise duty.
They also provide rules relating to the administration and assessment of assessable payments under Sec.
Entergy Arkansas by the Numbers 1996 2001 2006 Assessable Revenue $1,707,992,723 $1,734,898,247 $1,619,950,429 No.
The contrast I am interested in has to do with whether the dispute in question is medically assessable.
There are approximately 930 assessable properties, including town-owned parcels.
No prior knowledge is assumed for any of the conditions or terms herein, making it a most assessable general-interest reference.
The appellate court distinguished Lewis and its progeny, which apply to cases involving assessable amounts such as tax deficiencies, tax penalties and deficiency interest, from this case.
Furthermore, these banks and thrifts account for more than 9696 of the BIF's assessable deposits (3,928 out of 4,079) and nearly 97% of the SAIF's assessment base (1,008 out of 1,042).