A valuation or an approximation of value by impartial, properly qualified persons; the process of determining the value of an asset or liability, which entails expert opinion rather than express commercial transactions.
Printed copy · Anthology Volume 6, page 1288 · cut by a page breakPrinted copy from The Tender For Law Anthology, Volume 6, page 1288 (printed 13 June 2014). Added by this site; not part of the Facebook export. A page break in the printout cut off the end of this comment.