What context can I use each word in?
Learn when and how to use these words with these examples!
revaluation
Example
The company conducted a revaluation of its assets to determine their current market value. [revaluation: noun]
Example
The government announced a revaluation of the national currency to stabilize the economy. [revaluation: noun]
reassessment
Example
After the project failed, the team conducted a reassessment of their approach to identify areas for improvement. [reassessment: noun]
Example
The doctor recommended a reassessment of the patient's condition after the initial treatment did not work. [reassessment: noun]
Good things to know
Which word is more common?
Reassessment is more commonly used than revaluation in everyday language. Reassessment is a versatile term that can be used in various contexts, while revaluation is a more specific and technical term used primarily in finance or accounting.
What’s the difference in the tone of formality between revaluation and reassessment?
Revaluation is a more formal term than reassessment due to its technical nature and association with finance or accounting. Reassessment is a more versatile term that can be used in both formal and informal contexts.