Valuation
Pronunciation : Val`u*a"tion
Part of Speech : n.
Definition : 1. The act of valuing, or of estimating value or worth; the act of setting a price; estimation; appraisement; as, a valuation of lands for the purpose of taxation.
2. Value set upon a thing; estimated value or worth; as, the goods sold for more than their valuation. Since of your lives you set So slight a valuation. Shak.
Source : Webster's Unabridged Dictionary, 1913