Assess

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In common parlance, to assess means to evaluate. 

In legal contexts, the word assess is usually used in the context of tax law and means to ascertain a valuation of a piece of property for purposes of tax calculation (see assessed value). To assess may also mean to calculate or determine the amount of (a tax, a fine, damages, etc.).

[Last updated in June of 2021 by the Wex Definitions Team]