Valuation is the process of assessing the worth of something. It is often used in the context of financial investments, but can also be applied to other areas such as art, real estate, and antiques. VALUATION involves analyzing the current market value of an item, taking into account factors such as supply and demand, condition, and rarity. The assessment of worth is an important part of the VALUATION process, as it helps to determine the true value of an item.