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TeachMeFinance.com - explain Assessment Assessment The term 'Assessment ' as it applies to the area of agriculture can be defined as ' Generally an automatic or mandatory deduction from a producer’s marketing receipts used to fund activities that promote or otherwise support a particular farm product. Under certain agricultural marketing orders or commodity promotion programs, assessments may be applied against receipts to help pay for generic advertising or research. The term check-off is often used interchangeably with assessment. Federal deficit reduction marketing assessments have also been connected to certain commodity price support programs (dairy, peanuts, sugar, tobacco, and soybeans) to help reduce the federal budget deficit, which arguably is higher because of the programs'. The term 'Assessment ' as it applies to the area of Medicare in the United States can be defined as ' The gathering of information to rate or evaluate your health and needs, such as in a nursing home'. Previous 5 Terms: As-received condition or as-received basis (coal) ASSE Assembly Assembly identifier Assembly type Next 5 Terms: Assessment work Assets Assigned Claim Assignment Assimilative capacity About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.