What is the valuation date?

The valuation date concerns the exact date where the asset value is determined. This word is often used in connection with real estate and financial instruments, such as stocks and bonds, but also commonly used in the issues of exploring the examination in insurance. As far as the market price is known to fluctuate, the valuation date when determining the actual market value of this item is important. This includes the calculation of situations that affect the total value of the item, such as all interest rates that could have been applied at the time when the asset was offered for sale. In the divorce situations, the date of the valuation of a home or other assets may be determined differently in different jurisdictions. For example, some courts can use the date when the asset has been evaluated, while others can determine the value of the asset based on its value when the couple was legally separated for the first time. Whether it is determined by a specific assessment date or alternative valuation date, the courts determine this information what interest rates were per STAnoven's point, and to determine how to fairly divide the assets between the individual parties.

In some jurisdictions, the valuation date is used in determining real estate taxes. Although the property can be assessed to one date, the actual valuation date of the property may drop to a certain single date each year, which may vary from the date when the evaluation has actually been carried out. If the information is required regarding the change in the value of the property between the evaluation date and the valuation date, this information may need to be obtained manually.

In the framework of the insurance industry, it is also important to appreciate the date of determining the final data for modifications. In cases concerning injuries of persons, insurance companies often estimate what the total costs of entitlement will be. Money is then earmarked on a reserve account to pay items such as health costs and any other treatments that a person may require to fully recoverLa of the accident. Determination of the valuation date helps the insurance company to report the losses, as this data fixes the date of the limit value for the expenses. This is also sometimes referred to as the freezing date.