Description

The appraised value refers to the estimated worth of an asset, typically determined by a professional appraiser. This value is crucial in various financial contexts, including real estate transactions, insurance assessments, and loan underwriting.

Interpreter Notes

Interpreters should be aware that 'valor del avalúo o de la valuación' is the formal term used in clinical and financial contexts. Common variants may include 'valor de tasación' (colloquial) or 'valor estimado' (regional), but it is recommended to stick to the glossary term in formal settings to avoid confusion.

Example Sentences

EN: The appraised value of the property was significantly higher than expected.

ES: El valor del avalúo o de la valuación de la propiedad fue significativamente más alto de lo esperado.

Common Interpreter Mistakes

Confusing 'avalúo' with 'evaluación'; mixing up 'valor' with 'precio'; mispronouncing 'avalúo' as 'avaluo'