Business / Construction / Valuation: An inspection carried out for the benefit of the mortgage lender to ascertain if a property is a good security for a loan.


Business / Finance / Devaluation: Formerly the German financial futures and options market. Merged with the Swiss Options and Financial Futures Exchange (SOFFEX) in 1998 to form EUREX, the European derivatives exchange. MORE


Business / Taxes / Overvaluation: A stock whose price seems unjustifiably high based on standard measures, such as its earnings history, is considered overvalued. One indication of overvaluation is a price-to-earnings ratio (P/E) sign MORE

Assessed Valuation

Business / Finance / Assessed Valuation: The value assigned to property by a municipality for the purpose of tax assessment. Such an assessed valuation is important to investors in municipal bonds that are backed by property taxes. MORE


Business / Taxes / Undervaluation: Any stock that trades at a lower price than the issuing company's reputation, earnings outlook, or financial situation would seem to merit is considered undervalued. Undervaluation may occur when inve MORE

Beggar-Thy-Neighbor Devaluation

Business / Finance / Beggar-Thy-Neighbor Devaluation: A devaluation that is designed to cheapen a nation's currency and thereby increase its exports at the expense of other countries. Devaluation can also reduce a nation's imports. Such devaluations ofte MORE

Currency Overvaluation

Business / Finance / Currency Overvaluation: An option to buy or sell a foreign currency. MORE