valuation: Meaning and Definition of

val•u•a•tion

Pronunciation: (val"y-ā'shun), [key]
— n.
  1. the act of estimating or setting the value of something; appraisal.
  2. an estimated value or worth.
  3. the awareness or acknowledgment of the quality, nature, excellence, or the like of something: public valuation of the importance of education.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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