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monetary value vs assessment

assessment vs monetary value

monetary value and assessment both are nouns.

Word NounAdjectiveVerbAdverb
monetary value Yes No No No
assessment Yes No No No
As nouns, assessment is a hyponym of monetary value; that is, assessment is a word with a more specific, narrower meaning than monetary value:
  • monetary value: the property of having material worth (often indicated by the amount of money something would bring if sold)
  • assessment: the market value set on assets
monetary value (noun) assessment (noun)
the property of having material worth (often indicated by the amount of money something would bring if sold) the act of judging or assessing a person or situation or event
the market value set on assets
the classification of someone or something with respect to its worth
an amount determined as payable
Difference between monetary value and assessment

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