assessment
/əˈsɛsmənt/ · as·ses·ment
noun
- The act of assessing or an amount (of tax, levy, or duty) assessed. The government conducted an assessment of the company's tax liability.
- An appraisal or evaluation. The teacher's assessment of the student's performance was thorough and fair.
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Did you know? The term 'assessment' is often used in education to describe a student's performance or progress, but it can also refer to a business's financial evaluation or a government's tax collection process.