Hierarchy classification:

1. top of the aat hierarchies
2. Activities Facet
3. Functions (hierarchy name)
4. functions (activities)
5. [functions by general context]
6. [economic and financial functions]

Narrower term/s

• land valuation
• contingent valuation
• insurance valuation

Anotations

Scope note:

Generally reserved for the process or function of assigning a price for a thing based on market value, insurance value, or another such means of estimation; often determined by comparing the thing to other similar things that have been sold in a recent timespan. An example is the insurance value of an item that is vouched for by a reputable antiquarian.