The term “assessable” is often used in different contexts, and it is essential to understand its meaning and definition. This article aims to provide a comprehensive explanation of the term “assessable,” including its origin, meaning, synonyms, antonyms, and associations.
Definitions
Assessable is an adjective that refers to something that can be evaluated or appraised. It is often used to describe a property or asset that can be taxed or assessed for its value. In legal terms, assessable refers to a liability or obligation that can be enforced by law.
Origin
The word “assessable” has its roots in the Latin word “assessus,” which means “to sit beside.” The term was first used in the English language in the 17th century, and it has since become a common term in legal and financial contexts.
Meaning in different dictionaries
According to the Oxford English Dictionary, assessable means “able to be assessed or evaluated.” Merriam-Webster defines it as “capable of being assessed,” while Dictionary.com describes it as “liable to assessment.”
Associations
Assessable is often associated with taxation and financial assessments. It is also commonly used in legal contexts to describe a liability or obligation that can be enforced by law.
Synonyms
Some synonyms of assessable include appraisable, taxable, chargeable, and evaluable.
Antonyms
Antonyms of assessable include non-assessable, non-taxable, and non-evaluable.
The same root words
Some words that share the same root as assessable include assess, assessment, and assessor.
Example Sentences
- The property is assessable for tax purposes.
- The company’s liabilities are assessable by law.
- The value of the asset is assessable by a professional appraiser.
- The government has the power to levy assessable charges on businesses.
- The assessable value of the property is subject to change based on market conditions.