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An assessment occurs when an asset's value must be determined for the purpose of taxation.
Special Assessment Tax
A special assessments tax is a tax paid by residents of a special assessment district to pay for designated infrastructure and special projects.
Asset Condition Assessment
An asset condition assessment is a report outlining how an organization can manage capital assets in order to improve its asset management operations.
The Importance of a Client's Risk Assessment
Financial advisors and money managers must do a detailed risk assessment regarding each client before they can recommend a course of action.
Risk assessment is the process of identifying hazards and determining the likelihood of their occurrence.
Special Assessment Bond
A special assessment bond is a type of municipal bond used to fund a development project. Interest owed to lenders is paid by taxes levied on the community benefiting from the particular bond-funded project.
Supervisory Capital Assessment Program – SCAP Definition
The Supervisory Capital Assessment Program (SCAP) is a Federal Reserve financial stress test which assess the capital buffers of U.S. banks.
Your Property Tax Assessment: What Does It Mean?
Understanding your property taxes can protect you from financial shocks.
Reverse Mortgage Financial Assessment
A review of the borrower’s credit history, employment history, debts and income during the reverse mortgage application process.
Notice Of Assessment - NOA
An annual statement sent by revenue authorities to taxpayers detailing the amount of income tax they owe. It includes the amount of their tax refund, tax credit and income tax already paid.