Meaning of “assess” in the English Dictionary

"assess" in British English

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assessverb [ T ]

uk /əˈses/ us /əˈses/

B2 to judge or decide the amount, value, quality, or importance of something:

The insurers will need to assess the flood damage.
They assessed the cost of the flood damage at £2,500.
Exams are not the only means of assessing a student's ability.
It's too early to assess the long-term consequences of the two countries' union.
[ + question word ] We need to assess whether the project is worth doing.

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(Definition of “assess” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"assess" in American English

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assessverb [ T ]

us /əˈses/

assess verb [ T ] (JUDGE)

to decide the quality or importance of something:

A college is going to assess a student’s ability based on grades.

To assess is also to judge the cost or value of something:

Government officials assessed the flood damage in the millions of dollars.

assess verb [ T ] (ASK FOR MONEY)

to charge someone an amount of money as a special payment:

In order to complete the new clubhouse, all members will be assessed an additional $200 a year.
noun [ C ] us /əˈses·mənt/

This is an interesting assessment of Mark Twain’s importance in American literature.
noun [ C ] us /əˈses·mənt/

Co-op owners had to pay an assessment to cover the cost of the roof repair.

(Definition of “assess” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"assess" in Business English

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assessverb [ T ]

uk /əˈses/ us

to make a decision about a person or situation after considering all the information:

The consultant was hired to assess the impact of the buyout on consumers.
assess that/whether A lender must be able to assess that the borrower is able to pay back the loan.
The appraisal system is designed to help you assess your strengths and weaknesses.
assess sb on sth You will be assessed on your ability to take decisions quickly.

to judge or decide the amount or value of something:

assess sth at sth The cost of repairs to the equipment was assessed at £2,000.

ACCOUNTING, TAX to decide how much tax someone must pay on something:

assess sb/sth for sth Currently, 38 states require counties to assess properties for taxation.
If you are self-employed, you will be required to submit a tax declaration so that you can be assessed for income tax.
assess sb/sth on sth You will be assessed on all your income, including any interest you have earned.

(Definition of “assess” from the Cambridge Business English Dictionary © Cambridge University Press)