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Meaning of rough valuation
A rough valuation refers to an approximate or estimated value of something, often used when a more precise calculation is not possible or necessary.
Etymology of rough valuation
The term "rough valuation" comes from the combination of "rough," meaning approximate or not precise, and "valuation," which refers to the act of estimating the value of something.
The word "valuation" has its roots in the Latin "valere," meaning to be strong or worthy, and has been used in English since the 15th century to refer to the estimation of the value of something.
Synonyms
approximate valuation
estimated value
rough estimate
tentative valuation
preliminary appraisal
initial assessment
ballpark figure
rough guess
estimated cost
valuation estimate
approximate cost
rough calculation
estimated price
rough appraisal
tentative estimate
preliminary valuation
estimated valuation
rough assessment
approximate assessment
estimated appraisal
rough evaluation
tentative calculation
preliminary estimate
initial valuation
estimated assessment
Definitions
- A rough valuation is an estimate of the value of something, such as a property, business, or asset, that is not precise but gives a general idea of its worth.
- * It is often used in situations where a detailed and accurate valuation is not required or would be too time-consuming or expensive to obtain.
Usage Examples
- The company provided a rough valuation of the property before deciding whether to purchase it.
- * The investor made a rough valuation of the stock's potential return on investment before deciding to buy.
- * The rough valuation of the artwork was higher than expected, leading to a reevaluation of its insurance coverage.
Antonyms
precise valuation
exact estimate
accurate appraisal
detailed assessment
thorough evaluation
meticulous calculation
careful estimation
strict valuation
rigorous assessment
exact valuation
precise estimate
accurate calculation
detailed valuation
thorough appraisal
meticulous valuation
careful assessment