Pronunciation: /valjʊˈeɪʃ(ə)n/
noun
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an estimation of the worth of something, especially one carried out by a professional valuer: it is wise to obtain an independent valuation
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the monetary worth of something, especially as estimated by a valuer: they will lend up to 95 per cent of the valuation
Derivatives
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Pronunciation: /ˈva-/
verb (chiefly North American)