valuation vs assessment

valuation and assessment both are nouns.

Word	Noun	Adjective	Verb	Adverb
valuation	Yes	No	No	No
assessment	Yes	No	No	No

As nouns, assessment is a hypernym of valuation; that is, assessment is a word with a broader meaning than valuation:

valuation: an appraisal of the value of something
assessment: the classification of someone or something with respect to its worth

Other hypernyms of valuation include appraisal.

valuation (noun)	assessment (noun)
an appraisal of the value of something	the act of judging or assessing a person or situation or event
assessed price	the market value set on assets
	the classification of someone or something with respect to its worth
	an amount determined as payable