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

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