Definition

1. Noun:
   • The act or process of assessing the monetary worth of something: "Valuation" refers to the professional estimation of the financial value of an asset, property, or company.
   • The estimated monetary worth determined by such an assessment: It can also refer to the specific value figure or price that results from the appraisal process.
   • The regard or esteem in which something is held; an assessment of worth or merit: In a non-financial sense, "valuation" can mean the act of judging the importance, usefulness, or quality of something.

Usage and Examples

• Financial/Professional Context:

  • The bank required a professional valuation of the house before approving the mortgage.
  • The company's market valuation has increased by 20% this year.

• General Assessment of Worth:

  • His valuation of the antique vase was surprisingly accurate.
  • We need to get a new valuation for insurance purposes.

• Non-Financial/Figurative Context:

  • She places a high valuation on honesty and integrity in her friends.
  • His valuation of the historical evidence differed from that of other scholars.

Advanced Usage

• "To make a valuation of": To perform an appraisal on something.

  • The accountant was hired to make a valuation of the business's assets.

• "To set/place a (high/low) valuation on": To assign a specific level of importance or worth to something, often abstract.

  • The culture sets a high valuation on academic achievement.

Variants and Related Words

• Value (n/v): The monetary or material worth of something; to estimate the worth of.

  • The value of the land has doubled.

• Evaluate (v): To judge or determine the significance, worth, or quality of something.

  • Teachers evaluate students' progress.

• Appraisal (n): A formal assessment, typically synonymous with "valuation" in financial contexts.

  • The property appraisal came in lower than expected.

• Revaluation (n): A fresh or revised valuation.

  • The currency underwent a revaluation.

Synonyms

• Appraisal: An expert estimate of value.
• Assessment: The act of judging or evaluating.
• Estimation: A rough calculation or judgment of value.
• Appraisement: (Formal) The act of appraising.

Related Phrases

• Valuation report: The formal document detailing the findings of a valuation.

  • The valuation report listed all the property's fixtures and their estimated worth.

• Fair market valuation: An estimate of the price an asset would sell for on the open market.

  • The tax was calculated based on the fair market valuation.

Idioms and Common Expressions

• At a low/high valuation: To be sold, bought, or regarded as having little or great worth.
  • He acquired the collection at a low valuation.
  • She holds her principles at a high valuation.

Noun

1. assessed price
   • the valuation of this property is much too high
2. an appraisal of the value of something
   • he set a high valuation on friendship