1. (Banking & Finance) (foll by at) to estimate the value of (income, property, etc) for taxation purposes: the estate was Assessed …

2. (Banking & Finance) (foll by at) to estimate the value of (income, property, etc) for taxation purposes: the estate was Assessed …

3. Economic impacts include effects on workload, standard of living –level of affluence, access to public goods and services, access to government and/or other social services, economic prosperity and resilience, income, property values, occupational status / prestige, type of employment, unemployment levels, loss of employment options, replacement costs of environmental functions, economic dependency or vulnerability, disruption of local economy, burden of national debt, business activities, and changes in the costs and revenues of government units (Leistritz, 1998; Vanclay, 2002).