| Part of Speech | Definition | |
| Noun | 1. The act of setting the value; valuation by an appraiser; estimation of worth.[Websters]. | |
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"APPRAISEMENT" is a common misspelling or typo for: appraisements. |
Date "APPRAISEMENT" was first used in popular English literature: sometime before 1828. (references) |
| Note: Appraisement \Ap*praise"ment\, noun. [See Appraise. Compare to Apprizement.]. (references) |
Specialty Definition: APPRAISEMENT
| Domain | Definition | ||
| Law | APPRAISEMENT. 1. A just valuation of property. 2. Appraisements are required to be made of the property of persons dying intestate, of insolvents and others; an inventory (q.v.) of the goods ought to be made, and a just valuation put upon them. When property real or personal is taken for public use, an appraisement of it is made, that the owner may be paid it's value. (references) | ||
| Transportation | Determination of the dutiable value of imported merchandise by a Customs official who follows procedures outlined in their country's tariff, such as the U.S. Tariff Act of 1930. (references) | ||
Source: compiled by the editor from various references; see credits. | Top | ||
