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valuation — the process of estimating how much something is worth

Part of speech: NOUN

Definition: the process of estimating how much something is worth

Pronunciation (IPA): /ˌvæljuˈeɪʃən/

Example Sentences

  • The art collector was shocked when the valuation of his 'priceless' painting turned out to be $50.
  • Before buying the company, we need to conduct a thorough valuation.
  • My vintage comic book collection received a surprisingly high valuation at the auction house.

valuation

NOUN

[/ˌvæljuˈeɪʃən/]

the process of estimating how much something is worth

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🎤Pronunciation

🇺🇸 US/ˌvæljuˈeɪʃən/
🇬🇧 UK/ˌvæljuˈeɪʃən/

🌳Etymology

Rootvalu-
Suffix--ation

Origin

The word derives from Latin 'valor' (worth, value), passing through French before entering English. It developed from medieval merchant terminology used to assess the worth of goods and commodities.

Breakdown

valor- (worth, value) + -ation (the act or process of), forming a noun denoting the action of determining or assigning value.

🎵Rhyme

evaluation
situation
education
creation

🔗Collocations

property valuation
business valuation
market valuation
accurate valuation
independent valuation
get a valuation

📝Examples

😄 Fun example

“The art collector was shocked when the valuation of his 'priceless' painting turned out to be $50.”

“Before buying the company, we need to conduct a thorough valuation.”

“My vintage comic book collection received a surprisingly high valuation at the auction house.”

“The bank requires a professional valuation before approving the mortgage.”

📚Related Words

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