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assessment  fund.The  balance  of  the  assessments  of  a  mutual-benefit  association,  minus expenses,  from  which  beneficiaries  are  paid.  [Cases:  Beneficial  Associations    17.  C.J.S. Beneficial Associations § 28.][Blacks Law 8th]

assessment for benefits.See special assessment under ASSESSMENT.[Blacks Law 8th]

assessment district.See DISTRICT.[Blacks Law 8th]

assessment contract.See CONTRACT.[Blacks Law 8th]

assessment company.An association that offers its members life insurance, and then pays for death losses by levying an assessment on the surviving members of the association.[Blacks Law 8th]

assessment bond.See BOND(3).[Blacks Law 8th]

assessment,n.1. Determination of the rate or amount of something, such as a tax or damages <assessment  of  the  losses covered  by  insurance>.  [Cases: Damages    95–126; Internal  Revenue 4520; Taxation    308.C.J.S. Damages §§ 105–153, 163–164; Internal Revenue § 641; Parent and Child § 344; Taxation § 1673.] 2. Imposition of something, such as a tax or…

assessee (as-<<schwa>>-see), n. A person against whom a payment is assessed.[Blacks Law 8th]

assessed valuation.See VALUATION.[Blacks Law 8th]

assessable stock.See STOCK.[Blacks Law 8th]