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TAXATION and VALUATION). It iS alSO applied to the amount of See also:damages fixed by a See also:jury in a See also:court of See also:law (see DAMAGES). An See also:assessment See also:committee is a statutory committee appointed under the See also:Union Assessment Acts 1862, 188o, for the purpose of making out the valuation lists upon which the poor-law See also:rate is based. An assessment policy, in See also:life See also:insurance, is a policy issued at a fixed See also:premium, the excess of which over the portion necessary to meet current claims and expenses goes to See also:form a reserve fund which is devoted to various forms of benefit for the policy- holders. See INSURANCE and FRIENDLY See also:SOCIETIES. End of Article: TAXATIONAdditional information and CommentsThere are no comments yet for this article.
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