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tasado

appraised

adjective tah-SAH-doh Rare

Also means

price-controlled

Usage Note

Tasado is the past participle of tasar (to appraise, to set a price) used as an adjective. Precio tasado means a regulated or officially set price, as opposed to a market price. In real-estate and legal contexts, valor tasado is the formally appraised value of a property; it carries a sense of official, externally imposed valuation.

Examples

"El piso fue vendido a precio tasado."

Natural Translation

The apartment was sold at the appraised price.

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