REVALUATION

reappraisal, revaluation, review, reassessment

(noun) a new appraisal or evaluation

Source: WordNet® 3.1


Etymology

Noun

revaluation (countable and uncountable, plural revaluations)

The process of altering the relative value of a currency or other standard of exchange.

A reassessment of the value or worth of something; a reappraisal or reevaluation.

ibidem, page 167

(UK, pensions) The application of compound growth to the value of a pension benefit, specifically from the date of the member leaving the scheme (for example, moving to a different employer) to the date that the member starts receiving the benefit (typically retirement).

Source: Wiktionary


Re*val`u*a"tion, n.

Definition: A second or new valuation.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

16 June 2024

CONNECTION

(noun) a relation between things or events (as in the case of one causing the other or sharing features with it); “there was a connection between eating that pickle and having that nightmare”


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Coffee Trivia

The earliest credible evidence of coffee-drinking as the modern beverage appeared in modern-day Yemen. In the middle of the 15th century in Sufi shrines where coffee seeds were first roasted and brewed for drinking. The Yemenis procured the coffee beans from the Ethiopian Highlands.

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