Appraise
Term · Law · MLC-T-LAW-000543
To determine the monetary value of an asset, typically performed by a qualified expert. This process involves examining the item, researching market conditions, and applying established valuation methodologies. The resulting appraisal report provides an objective estimate of the asset's worth at a specific point in time.
| Identifier | MLC-T-LAW-000543 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000543",
"term": "Appraise",
"field": "Law",
"definition": "To determine the monetary value of an asset, typically performed by a qualified expert. This process involves examining the item, researching market conditions, and applying established valuation methodologies. The resulting appraisal report provides an objective estimate of the asset's worth at a specific point in time.",
"url": "https://mlchart.com/terminology/law/appraise/"
}
Record 326 of 5,445 in Law terminology (MLC-0107). Request the full dataset.