The act of ascertainiug the worth of a thing. The estimated worth of a thing. See Lowenstein v. Schiller, 38 App. Div. 178, 50 N. Y. Supp. 074; State v. Central Pac. It. Co., 7 Nev. 104; Sergeant v. Dwyer, 44 Minn. 300, 40 N. W. 444.
Black’s Law Online Dictionary