UNDERVALUATION • E-FREE TRANSLATION.COM • Definition of Undervaluation

"Undervaluation" Quotes from Famous Books

... easily applied in administration, not offering the temptation to undervaluation and misrepresentation that ad valorem rates do; on the other hand, specific rates do not adjust themselves to price changes as ad valorem rates do. If the prices of goods go up the specific rate ...

— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... conduct of a State official under it.[1090] A provision for the forfeiture of land for nonpayment of taxes is not invalid because the conditions to which it applies exist only in a part of the State.[1091] Intentional and systematic undervaluation by State officials of other taxable property in the same class contravenes the constitutional right of one taxed upon the full value of his property;[1092] but mere errors in judgment resulting in unequal overvaluation ...

— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin

... Pemberley, and Darcy's altered demeanour, had something to do with Elizabeth's resignation of the old romantic part of Belle dame sans merci. It may further be admitted, even by those who protest against the undervaluation of Northanger Abbey, that Pride and Prejudice flies higher, and maintains its flight triumphantly. It is not only longer; it is not only quite independent of parody or contrast with something previous; but it is far more intricate ...

— The English Novel • George Saintsbury

... their exclusive claim that sends them wrong, the vain ambition that inspires them all to teach a uniform one-sided God and be the one and only gateway to salvation. Deprecation of all outside the household of faith, an organised undervaluation of heretical goodness and lovableness, follows, necessarily. Every petty difference is exaggerated to the quality of a saving grace or a damning defect. Elaborate precautions are taken to shield the believer's mind against broad or amiable suggestions; the ...

— The New Machiavelli • Herbert George Wells