01 n. The act of assessing; the act of determining an amount to be paid; as, an assessment of damages, or of taxes; an assessment of the members …
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1.
The act of assessing; the act of determining an amount to be paid; as, an assessment of damages, or of taxes; an assessment of the members of a club.
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2.
A valuation of property or profits of business, for the purpose of taxation; such valuation and an adjudging of the proper sum to be levied on the property; as, an assessment of property or an assessment on property.
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3.
The specific sum levied or assessed.
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4.
An apportionment of a subscription for stock into successive installments; also, one of these installments (in England termed a “call”).[U. S.]