Revaluing: meaning, definitions and examples
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revaluing
[ rɪˈvæljuːɪŋ ]
financial assessment
Revaluing refers to the process of reassessing the value of an asset or liability, often to reflect current market conditions or changes in the underlying economic indicators. This process is important for financial reporting and helps stakeholders understand the true value of a company's assets. Revaluing can also impact balance sheets and taxes. The practice is common in businesses that own significant tangible or intangible assets, and it must be conducted according to specific accounting standards.
Synonyms
reappraising, reassessing, reassessing value
Examples of usage
- The company is revaluing its property assets.
- Revaluing investments is crucial during market fluctuations.
- After the audit, they decided to start revaluing their inventory.
- The organization is revaluing its financial statements.
Translations
Translations of the word "revaluing" in other languages:
🇵🇹 reavaliação
🇮🇳 पुनर्मूल्यांकन
🇩🇪 Neubewertung
🇮🇩 penilaian kembali
🇺🇦 перевизначення
🇵🇱 przewartościowanie
🇯🇵 再評価
🇫🇷 réévaluation
🇪🇸 revaluación
🇹🇷 yeniden değerlendirme
🇰🇷 재평가
🇸🇦 إعادة تقييم
🇨🇿 přehodnocení
🇸🇰 prehodnotenie
🇨🇳 重新评估
🇸🇮 ponovna ocena
🇮🇸 endurmat
🇰🇿 қайта бағалау
🇬🇪 ახალი შეფასება
🇦🇿 yenidən qiymətləndirmə
🇲🇽 revaluación
Etymology
The term 'revaluing' is derived from the prefix 're-' meaning 'again', and 'value', which originates from the Latin word 'valere', meaning 'to be strong' or 'to be worth'. This concept has evolved through the centuries, especially as financial markets and economies became more complex. In accounting and finance, the notion of value is paramount as it influences investment decisions and economic theories. Revaluation gained prominence with the rise of modern accounting practices in the 20th century, particularly as businesses began to recognize the importance of accurate asset valuation for financial transparency and shareholder confidence. Today, revaluing is not only crucial for financial institutions but is also a significant aspect of corporate governance and regulatory compliance.