Spell Bee Word: valuation

Basic Details

Word: Valuation

Part of Speech: Noun

Meaning: The process of determining how much something is worth.

Synonyms: Assessment, appraisal, estimation

Antonyms: Devaluation, undervaluation

Idioms and Phrases

1. Value for money: When something is worth the price paid for it. Example: "The concert tickets were expensive, but the experience was definitely value for money!"
2. Don't judge a book by its cover: This phrase means you shouldn’t judge something based on its appearance but rather by its value or content. Example: "She may look young, but don't judge a book by its cover; her experience brings great value to our team."

Usage Examples

Example 1: The valuation of the old painting surprised everyone because it was worth much more than they anticipated.

Example 2: Before buying a house, it’s important to get a professional valuation to know its true worth.

Example 3: The company's valuation rose significantly after they released their new product that became very popular.

Fun Fact

Did you know that the concept of valuation has been around since ancient times? People have always needed to assess the worth of land, goods, and assets to trade fairly in markets.

Famous Quote

"A good company has a great valuation, but a great company has an even greater mission." - Unknown

Multiple Choice Questions (MCQs)

1. What does "valuation" mean?

a) A process to bake a cake
b) Determining the worth of something
c) A dance style
d) A form of exercise

Answer: b) Determining the worth of something

2. Which of these is a synonym of "valuation"?

a) Dance
b) Assessment
c) Journey
d) Celebration

Answer: b) Assessment

3. Which is an antonym of "valuation"?

a) Price
b) Devaluation
c) Evaluation
d) Appreciation

Answer: b) Devaluation

4. Which sentence uses "valuation" correctly?

a) We did a valuation of the television by watching it.
b) The valuation of the pizza was very tasty.
c) The valuation helped him decide if he should sell his bicycle.
d) The valuation danced at the party.

Answer: c) The valuation helped him decide if he should sell his bicycle.

5. Which idiom relates to the concept of worth?

a) Value for money
b) Jumping the gun
c) A penny for your thoughts
d) Tied up in knots

Answer: a) Value for money