Law Dictionary Definitions

assessment roll.A record of taxable persons and property, prepared by a tax assessor. — Also termed assessment list. [Cases: Taxation    408.C.J.S. Taxation § 580.][Blacks Law 8th]

assessment ratio.For property-tax purposes, the ratio of assessed value to fair market value.[Blacks Law 8th]

assessment period.A taxable period.[Blacks Law 8th]

assessment list.See ASSESSMENT ROLL.[Blacks Law 8th]

assessment insurance.See INSURANCE.[Blacks Law 8th]

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]