1. estimates of the monetary worth or value of something
2. the process of determining the worth or importance of something

Examples

• The bank required professional valuations of all the properties before approving the loan.
• Stock market valuations have risen significantly this quarter.
• The insurance company ordered independent valuations of the damaged artwork.
• Real estate valuations in the area have doubled over the past five years.
• The accountant provided detailed valuations of the company’s assets.
• Art dealers often disagree on valuations of contemporary paintings.
• Property valuations are typically updated annually for tax purposes.