assessed value

noun

the value of something as determined by an assessor, especially the value of real property.

The assessed value of property in 1830, amounted to about two and a half millions.

There is also a supplementary tax on property of about 1⁄20th% of the assessed value.

Estates of an assessed value of more than ten 'skylddaler' are designated as 'Large Properties.'

This state should tax forest lands according to the product rather than the assessed value of the land.

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