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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
Condo assessment fees have gone up nearly 60% in both Miami-Dade and Broward counties, and special assessments have added onto financial costs.
—
Rebecca San Juan, Miami Herald, 29 Jan. 2025
The end-of-year deadline has pushed condo associations to impose special assessments and increase monthly fees for owners, leading many to try to sell their units.
—
David Faris, Newsweek, 27 Dec. 2024
Valdivia-Salas was sentenced to 10 months in prison, one year of supervised release and ordered to pay a $100 special assessment.
—
Post-Tribune, Chicago Tribune, 24 Jan. 2025
If that happens, the plan will impose a special assessment on home insurance policyholders across the state.
—
Greg Allen, NPR, 13 Jan. 2025
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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 10 Feb. 2025.
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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