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Englishsz Posted 19 years ago
Grammar

What does 'assess' mean?

non-assessable shares

I understand its meaning, but I'm not quite sure the specific meaning of 'accessable'.

assess v.

  1. To estimate the value of (property) for taxation.
  2. To set or determine the amount of (a payment, such as a tax or fine).
  3. To charge (a person or property) with a special payment, such as a tax or fine.
  4. Sports To charge a player, coach, or team with (a foul or penalty).
  5. To determine the value, significance, or extent of; appraise.


    6. My preference is the 3rd one - 'To charge with a special payment'. However, it might as well be explained as No.2 - 'To set or determine the amount of', or No. 5 - 'To determine the value'(for the purpose of charging with a special payment).

    Maybe you Anglophones can give me some good advices.

    Thanks!
  

Top answer

asp

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3 Answers
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Thanks, Yankee! But I've already read similar links before I posted this article.

My question is: What does 'assess' mean in this phrase?
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As I understand it, 'non-assessable stock' means that stockholders cannot be required or forced to invest additional money based on the stock (shares) they already hold. So, I'd say definition 3 for the word 'assess' fits the best.
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