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EQUERRY

Categories: Property

Definition (1910 Edition)

actual. cash value of property. The term is also applied to a similar process of leveling or adjusting the assessments of individual taxpayers, so that the property of one shall not be assessed at a higher (or lower) percentage of its market value than the property of another. See Harney v. Mitchell County, 44 Iowa, 208; Wallace v. Bullen, 6
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.