# assessment

Pronunciation: US say "uh-SES-muhnt" /əˈsɛsmənt/; UK

## Noun

1. An appraisal or evaluation of the quality, value, or significance of something.
   - Simple: A careful judgment about how good, important, or serious something is.
   - _Her frank assessment of the company's finances worried the board._
   - _Accurate assessment of flood risk requires years of rainfall data._
2. The act of assessing a tax, levy, or duty, or the amount of tax that has been assessed.
   - Simple: The official process of deciding how much tax someone must pay, or the amount they must pay.
   - _Property owners can appeal the county's assessment if they believe it is too high._
   - _The new assessment on imported steel raised costs for several manufacturers._

## Origin

Formed from the verb "assess" combined with the suffix "-ment".

Source: DictionaryAI, https://dictionaryai.com/define/assessment (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).