Valuer Meaning and Translations

Economics

• Valuers play a crucial role in real estate; their assessments help determine the buying and selling prices of properties.
• They are often utilized in insurance to appraise the worth of items, ensuring that clients receive proper coverage.
• Market trends significantly impact the work of valuers; they must stay informed to provide accurate evaluations.

Law

• In legal disputes, valuers can provide critical testimony about the worth of various assets, aiding in fair settlements.
• Their evaluations can influence inheritance distributions, as proper assessments of estate assets are necessary.
• Valuation reports are key documents in financial regulations, where compliance relies on accurate value assessments.

Cultural Significance

• Different cultures place varying degrees of importance on valuation; some emphasize material worth, while others value sentimental significance.
• In the art world, valuers assess pieces to determine authenticity and market value, impacting collectors and galleries alike.
• In traditional societies, valuation of land and property can reflect social status and heritage, not just economic worth.

Psychology

• People often exhibit cognitive biases in valuing objects; for instance, familiarity can lead to overvaluation.
• The 'endowment effect' suggests individuals assign higher value to items they own than to similar items they do not.
• Valuers might consider emotional connections when appraising personal items to provide a more holistic evaluation.

At rank #28,816, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.

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• 28813 riskier
• 28814 chucked
• 28815 conciliating
• 28816 valuer
• 28817 propertied
• 28818 labium
• 28819 disfigure
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