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Topical Terminology > Valuation



5 Definitions

Valuation

For Valuation we have terms and definitions in 5 topics. The topics are Construction, Customs, Finance, Insurance and Real Estate.



Valuation (Construction)

An inspection carried out for the benefit of the mortgage lender to ascertain if a property is a good security for a loan.


Valuation (Customs)

The appraisal of the worth of imported goods by customs officials for the purpose of determining the amount of duty payable in the importing country. The GATT Customs Valuation Code obligates governments that sign it to use the "transaction value" of imported goods--or the price actually paid or payable for them-- as the principal basis for valuing the goods for customs purposes.
See also: Customs, Customs Classification, Customs Valuation Code, Minimum Valuation, Tariff, Tariff Schedules, Tokyo Round,


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Valuation (Finance)

Determination of the value of a company's stock based on earnings and the market value of assets.


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Valuation (Insurance)

A calculation of the policy reserve in life insurance. Also, a mathematical analysis of the financial condition of a pension plan.


Valuation (Real Estate)

The act or process of estimating value; the amount of estimated value.




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