Asset Valuation
/ˈæsɛt ˌvæljuˈeɪʃən/
Definitions
- (n.) The process of determining the monetary worth of a property, ownership right, or intangible item under legal frameworks.
The court ordered an independent asset valuation to resolve the dispute between the parties.
- (n.) A critical step in bankruptcy and estate proceedings for assessing the value of a debtor's or decedent's assets.
Accurate asset valuation is essential for equitable distribution among creditors.
Forms
- asset valuations
Related terms
See also
Commentary
Asset valuation must consider applicable legal standards and may differ from commercial or accounting valuations depending on jurisdiction and context.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.