assess value

USAGE SUMMARY

The phrase "assess value" is correct and usable in written English.
You can use it in a variety of contexts to indicate that you are evaluating or estimating the worth of something. For example, "We must assess the value of the company before deciding whether to invest."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

22 human-written examples

As everything got more complicated, the models used to assess value and risk deviated ever further from reality.

The Guardian

When the market falls and when fear rises, these trading machines rationally assess value and probabilities and trade accordingly.

The Guardian - Opinion

As with teenage fashion trends, the online auctions most likely to be affected are those in which it's hard to assess value.

The New York Times - Tech

The report identified "serious and persistent deficiencies" in the department's management of the contracts, including "significant skill and capability gaps" among staff and "persistent shortcomings" in areas ranging from record keeping to the ability to assess value for money.

The Guardian

It identified "serious and persistent deficiencies" in the department's management of the contracts, including "significant skill and capability gaps" among staff and "persistent shortcomings" in areas ranging from record keeping to the ability to assess value for money.

The Guardian

Margaret Hodge, chairwoman of the committee, said that if the market was to work effectively, there "must be relevant and robust information so that students can make informed choices about courses and the Department for Education (DfE) can assess value for money".

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

33 human-written examples

This paper provides a roadmap to identify and assess value-added markets for industrial products through an examination of lignin-based products.

Energy, Sustainability and Society

In other words, you'd want to know the parameters used to assess value--quality, condition, age, brand of comic--and the market forces driving the industry--liquidity (how many people collect), market makers (who's buying and setting prices), etc.

Science Magazine

To assess value-at-risk, we combined an ecological model of risk to shellfish harvest biomass by C. maenas with an economic model demonstrating risk to current shellfish harvest revenue.

F1000Research

But since there is a 6percentt per year cap on assessment increases, the allowable assessed value would be $16,960.

The New York Times

Hood River County property taxes are $16 per $1,000 assessed value.

The New York Times

Expert writing Tips

Best practice

When using "assess value" in formal writing, ensure that you clearly define the criteria you are using for assessment. This provides transparency and strengthens your argument.

Common error

Avoid using "assess value" without specifying what type of value you are assessing (e.g., monetary, strategic, ethical). Be specific to provide a clearer understanding.

Linguistic Context

The phrase "assess value" functions as a verb phrase where "assess" is the transitive verb and "value" is the direct object. It indicates the act of evaluating or determining the worth or importance of something. Ludwig AI confirms this usage across various contexts.

Expression frequency: Common

Frequent in

News & Media

42%

Science

42%

Formal & Business

16%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "assess value" is a common and grammatically correct expression used to describe the act of evaluating the worth or importance of something. As Ludwig AI confirms, it's frequently found in news, scientific, and business contexts. While generally neutral in register, it leans towards formality due to its evaluative nature. To ensure clarity, specify the type of value being assessed. Alternatives include "evaluate worth", "determine importance", and "gauge merit", each offering slightly different nuances. When writing, defining the assessment criteria is crucial. By understanding these nuances, writers can effectively use "assess value" to convey precise and well-supported evaluations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

evaluate worth

Changes the verb to "evaluate" and the noun to "worth", slightly altering the tone but maintaining similar meaning.

gauge merit

Replaces "assess" with "gauge" and "value" with "merit", suggesting a careful measurement of positive qualities.

appraise significance

Uses "appraise" to emphasize a formal assessment and "significance" to broaden the scope beyond just monetary value.

determine importance

Shifts focus from monetary value to general significance or importance.

ascertain cost-effectiveness

Focuses specifically on determining the balance between cost and benefit.

judge quality

Simplifies the phrase to focus on assessing the quality rather than overall value.

analyze benefits

Focuses on analyzing the advantages or positive outcomes.

weigh advantages

Emphasizes the process of considering the positive aspects or benefits.

quantify impact

Shifts the focus to measuring the effect or influence of something.

estimate price

Specifically refers to estimating the monetary value or cost.

FAQs

How can I use "assess value" in a sentence?

You can use "assess value" to describe the act of evaluating the worth or importance of something. For example, "The company needs to "assess value" of its assets before making any investment decisions."

What are some alternatives to "assess value"?

Depending on the context, you can use alternatives like "evaluate worth", "determine importance", or "gauge merit" to convey a similar meaning.

Is it better to say "assess value" or "evaluate value"?

Both "assess value" and "evaluate value" are grammatically correct and can be used interchangeably in many contexts. The choice often depends on personal preference or the specific nuance you want to convey. "Assess" might imply a more formal or systematic evaluation, while "evaluate" might suggest a more general appraisal.

What does it mean to "assess value for money"?

"Assess value for money" means to evaluate whether the cost of something is justified by the benefits or quality it provides. It is commonly used in procurement and public spending contexts.