Revaluation (Noun)
Meaning
A new appraisal or evaluation.
Classification
Nouns denoting cognitive processes and contents.
Examples
- The company will undergo a revaluation of its assets to determine their current worth.
- A revaluation of the project's budget is necessary to accommodate the increased costs.
- After the revaluation, the investor decided to sell his shares in the struggling company.
- The revaluation of grades will take into account the new evidence that was presented.
- A thorough revaluation of the employee's performance is needed to make an informed decision about promotion.