The term PLACE A VALUE ON can be summarized by the crossword solution ASSESS, which is a 6-letter word. Assessing is an important part of many professions, such as accounting, finance, and economics. It involves evaluating something in order to determine its worth or importance. This could include assessing the value of a company, a product, or a service. Assessing also involves making judgments about the quality of something, such as a piece of work or a performance.