reassessment

noun

1. the act of assessing; appraisal; evaluation.
2. an official valuation of property for the purpose of levying a tax; an assigned value.
3. an amount assessed as payable.

noun

1. the act or an instance of assessing again

noun

1. the act of assessing, esp (in Britain) the evaluation of a student’s achievement on a course
2. an amount determined as payable
3. a valuation set on taxable property, income, etc
4. evaluation; estimation

n.

1540s, “value of property for tax purposes,” from assess + -ment. Meaning “determination or adjustment of tax rate” is from 1540s; general sense of “estimation” is recorded from 1620s. In education jargon from 1956.

The appraisal of property for the purposes of taxation.