Appraisal Clause - Law Dictionary Search Results
Home Dictionary Name: appraisal clauseappraisal clause
appraisal clause : a provision in an insurance policy for a procedure to be followed in determining the amount of a loss when the insured and the insurer cannot agree ...
Self appraisal
Self appraisal, the method of performance appraisal is based on the self-appraisal by the officer concerned. It is a method where the employee is asked to give, in his own words, his strong points, weak points and constraints faced by him in the service. The self-appraisal is then considered by the reporting officer who gives his remarks. Finally the higher reviewing authority decides the assessment by weighting both the employee's self-appraisal and the remarks given by the reporting officer, A.P. State Financial Corpn. v. C.M. Ashok Raju, AIR 1995 SC 39 (41): (1994) 5 SCC 359....
Appraisement
Appraisement [fr. apprecier prix, Fr., pretium, Lat.], the act of valuing property, goods, furniture, etc. As to appraisement, if required by tenant or by owner of the goods, before selling under a distress for rent, see DISTRESS. Appraisement of a ship is sometimes ordered by the Admiralty Division of the High Court, see R.S.C. Ord. LI., Part III., and also generally before sale of any property by order of the Court....
appraisal fee
appraisal fee fee charged by an appraiser to estimate the market value of a property. Source: U.S. Department of Housing and Urban Development ...
appraise
appraise ap·praised ap·prais·ing : to estimate the value of : make an appraisal of ap·prais·er n ...
appraiser
appraiser a qualified individual who uses his or her experience and knowledge to prepare the appraisal estimate. Source: U.S. Department of Housing and Urban Development ...
Appraiser
Appraiser [fr. appreciateurs, Fr.], persons employed to value goods, repairs, labour, etc. by 46 Geo. 3, c. 43, and 8 & 9 Vict. c. 76, they are required to take out an annual license. According to an old statute, 11 Edw. 1, stat. Acton Burnel, appraisers valuing goods too highly were compelled to take them at their own valuation...
appraisal
appraisal : a valuation of property by the estimate of an authorized person: as a : the determination of the fair value of a corporation's stock by a judicial proceeding that a dissenting shareholder is usually entitled by statute to demand in a case of extraordinary corporate action (as a merger) see also dissent b : the estimation of the value of real estate for the purpose of taxation, sale, or securing a mortgage c : the estimation of the value of damage done to property for the purpose of adjusting an insurance claim ...
appraised value
appraised value an estimation of the current market value of a property. Source: U.S. Department of Housing and Urban Development ...
Clause
Clause, means a clause the article in which the ex-pression occurs. [Constitution of India, Art. 366(5)]A distinct section or provision of a legal documentor instrument, Black's Law Dictionary, 7th Edn., p. 243.Clauses, means a series of numbered parts into which a Bill is divided; a descriptive title is printed in the margin of each clause, Parliamentary Practice; Erskine May, 22nd Edn., 1997, p. 463The main clauses of a bill in the Indian Parliament are: (i) Extent clause, (ii) Commencement clause, (iii) Definition clause, (iv) Rule making clause etc., Practice and Procedure by Parliament, M.N. Kaul & S.L. Shakdher, 5th Edn., 2001, p. 537....
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