English

valuation

ˌvæljuˈeɪʃ(ə)n, ˌvæ.ljuːˈeɪ.ʃən, ˌvæl.juˈeɪ.ʃən
Meaning: estimation of worth; appraisal
Part of Speech: Noun Alternative Readings: ˌvæ.ljuːˈeɪ.ʃən, ˌvæl.juˈeɪ.ʃən

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Example

The official valuation of the property was much higher than expected.
The official valuation of the property was much higher than expected.

Usage Notes

Used when a professional or authority determines the monetary value of something, like a house or a business.

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