Assessed valuation is a term that refers to the calculated value of a property for taxation purposes. There are several synonyms to this term, such as assessed worth, appraised value, and taxable value. These terms are used interchangeably and refer to the same concept of determining the monetary value of a property, which is then used by tax authorities to levy taxes on it. Other synonyms for assessed valuation include estimated value, imputed value, and assessed property value. Regardless of the synonym used, assessed valuation is an essential factor in property taxation and is crucial for individuals and authorities to determine the fair value of a property.