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assess definition - legal

v

  1. To determine the value of something, especially of real estate for property tax purposes. See also appraise.
  2. To establish the amount of, and then charge, a fine, taxes, or another payment.
  3. To require stockholders and partners to fill the need for additional capital by making additional contributions to their corporation or partnership.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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