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special assessment
noun
: a specific tax levied on private property to meet the cost of public improvements that enhance the value of the property
Examples of special assessment in a Sentence
Recent Examples on the Web
According to official records, Xu's sentence of 240 months' imprisonment and a $400 special assessment was imposed on November 16, 2022.
—Daniel R. Depetris, Newsweek, 13 Dec. 2024
To pay for the match required to obtain grants, associations will have to dip into their reserve funds or levy special assessments.
—Ron Hurtibise, Sun Sentinel, 21 Feb. 2024
West Allis has been requiring a $2,000 special assessment for the private side replacements to be paid over 10 years with 4% interest if the private side service lateral replacement is done under a city contract.
—Adrienne Davis, Journal Sentinel, 27 Nov. 2024
Most standard purchase contracts will have a section devoted to community association matters, including regular and special assessments.
—Gary Singer, Sun Sentinel, 9 May 2024
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Word History
First Known Use
1875, in the meaning defined above
Time Traveler
The first known use of special assessment was
in 1875
Dictionary Entries Near special assessment
Cite this Entry
“Special assessment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/special%20assessment. Accessed 21 Dec. 2024.
Legal Definition
special assessment
noun
: a specific tax levied on private property to meet the cost of public improvements that provide a special benefit enhancing the value of the property
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