(A) An appraisal given by an expert, an assessment, an expert opinion regarding the market value of an asset, property, real estate or a business. (B) The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing. 2. It differs from price, which does not always afford a true criterion of value, for a thing may be bought very dear or very cheap. In some … [Read more...] about VALUATION
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VALEC, VALEOT, OR VADELET
In old English law. A young gentleman; also a servitor or gentleman of the chamber. Cowell. … [Read more...] about VALEC, VALEOT, OR VADELET
VALUATION LIST
In English law. A list of all the ratable hereditaments in a parish, showing the names of the occupier, the owner, the property, the extent of the property, the gross estimated rental, and the ratable value; prepared by the overseers of each parish in a union under section 14 of the union assessment committee act, 1862, (St. 25 A 26 Vict c 103,) for the purposes of the poor … [Read more...] about VALUATION LIST
VALENTIA
Lat. The value or price of anything. … [Read more...] about VALENTIA
VALUE
common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange. 2. Value differs from price. The latter is applied to live cattle and animals; in a declaration, therefore, for taking cattle, they ought to be said to be … [Read more...] about VALUE
