Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Assessed valuation
see valuation.
Devaluation
n. The reduction in the value of one currency in relation to another currency. - devalue, vb. Cf. REVALUATION.
Valuation
n. 1. The process of determining the value of a thing or entity. 2. The estimated worth of a thing or entity. - value, valuate, ub.
assessed valuation
The value that a taxing authority gives to property and to which the tax rate is applied.
decreet of valuation of teinds
n. Scots law. A court of sessions judgment determining the proper amount of tithes to be paid to church officers for their services.
net valuation premium
See net premium.
revaluation
n. An increase in the value of one currency in relation to another currency. -revalue, ub. Cf. DEVALUATION.
revaluation surplus
See SURPLUS
special-use valuation
An executor's optior: of valuating real property in an estate, esp farmland, at its current use rather than for its highest potential valve
valuation date
hist an inventory of all the ratable hereditaments in a parish, each item in the inventory recording the name of the occupier, the owner, the property, the extent of the propertv, the gross estimated rental. and thr- ratable value. The list was traditionally prepared by the overseers of each parish.