Related Words

Assessment: The imposition of a tax, charge or lein, usually according to established rates.

Special Assessment: In addition to a yearly maintenance fee, sometimes this additional charge is billed to timeshare owners from a management company. This charge is intended to cover expenses related to major . . . View Full Definition

RPA Assessment - Program: As required by the Forest and Rangeland Renewable Resources Planning Act of 1974, the Forest Service makes a periodic (every 10 years) national assessment of renewable resource supplies, dem . . . View Full Definition

Marketing Assessments: Producers and first purchasers of some supported commodities are required to pay an assessment as a contribution toward achieving budget deficit reduction targets. Under the FAIR Act of 1996 . . . View Full Definition

Environmental Site Assessment: An independent investigation and assessment of a property to determine if any existing or potential environmental problems or hazards exist on property. It is usually done to determine if an . . . View Full Definition

Differential Assessment: Basing the valuation of farmland for property tax purposes on its use for farming rather than on its 'highest and best' use, such as potential development. Types of differential assessment i . . . View Full Definition

Self Assessment: A new style of income tax return introduced for the 1996/1997 tax year. If you are self-employed, or receive an income which is un-taxed at source, you will need to register with the Inland . . . View Full Definition

Land Evaluation And Site Assessment System (LESA): A technique that can be used at the local level to determine the quality of land or agricultural uses and to assess sites or areas of land for their agricultural viability. It was first used . . . View Full Definition

Safety Assessment: A part of the CPS case process in which available information is analyzed to identify whether a child is in immediate danger of moderate or serious harm.

Preliminary Scholastic Assessment Test (PSAT): A practice test for the SAT. This is usually taken in grade 10 or 11 and it gives students an idea of how they will perform on the SAT.