valuación

Forms

valuación f (plural valuaciones)^[1]

Etymology

It is formed from Spanish valuar + -ción, the verb meaning “to set a price on”.^[1][2] Corominas files the noun with valuar in his article on valer, and dates the verb to the beginning of the 17th century.^[3][4] The noun is recorded earlier than that, in 1541, in the same treatise on exchange that the CDH also cites for the verb's past participle.^[5] Echegaray in 1887 also derived it from the verb, and compared Catalan vàlua and French value.^[6]

Earliest recorded meaning

The first record is in Cristóbal de Villalón's treatise on exchange and usury of 1541, where the valuaciones of coins are the official rates at which money was valued in each kingdom.^[5] Other merchants' manuals of the 1540s use it in the same way, and in 1563 the word heads the official lists that set the value of foreign goods at Bilbao and Burgos.^[5]

Semantic evolution

From the valuing of money and goods the word spread to the assessment of property and estates; in 1648 a document from Costa Rica uses it for the valuation of cattle.^[7] The Diccionario de Autoridades defined it as the act of valuing something and gave Latin taxatio and aestimatio as equivalents.^[8] The Academy's definition has stayed the same since then: the action and effect of valuar.^[9][10] Moliner treats it as a synonym of valoración and evaluación.^[11]

Timeline

• 1541 – first record, for the official rates of coins, in Villalón's treatise on exchange.^[5]
• 1563 – the official lists of the value of imported goods at Bilbao and Burgos are called valuación.^[5]
• 1648 – first record in the Americas, in Costa Rica.^[7]
• 1739 – the Diccionario de Autoridades enters the word.^[8]
• 1899 – the Academy defines it as the action and effect of valuing.^[9]

Meanings

Noun

1. valuation: the act or result of setting the price or value of something: La valuación del terreno tardó varias semanas.^[10][1][12]
2. (logic) In substitutional semantics, a function that assigns a truth value to each logical variable.^[2]

Related words

• avaluación
• valer
• valoración

References

1. ^ a b c d Wiktionary, the free dictionary, https://en.wiktionary.org
2. ^ a b Wikcionario (Spanish Wiktionary), es.wiktionary.org
3. ^ Corominas, Joan; Pascual, José A. (1980–1991), Diccionario crítico etimológico castellano e hispánico, 6 vols., Madrid: Gredos, p. 5, 736
4. ^ Corominas, Joan (1973), Breve diccionario etimológico de la lengua castellana, 3rd ed., Madrid: Gredos, p. s.v. valer
5. ^ a b c d e Real Academia Española (2013–), Corpus del Diccionario histórico de la lengua española (CDH), version 3.1, https://apps.rae.es/CNDHE
6. ^ Echegaray, Eduardo de (1887–1889), Diccionario general etimológico de la lengua española, 5 vols., Madrid: José María Faquineto
7. ^ a b Boyd-Bowman, Peter (2003), Léxico hispanoamericano 1493–1993, ed. Ray Harris-Northall and John J. Nitti, New York: Hispanic Seminary of Medieval Studies
8. ^ a b Real Academia Española (1726–1739), Diccionario de la lengua castellana (Diccionario de Autoridades), 6 vols., Madrid: Francisco del Hierro, p. 6, 418
9. ^ a b Real Academia Española (1899), Diccionario de la lengua castellana, 13th ed., Madrid: Imprenta de los Sres. Hernando y Compañía
10. ^ a b Real Academia Española; Asociación de Academias de la Lengua Española (2014–), Diccionario de la lengua española, 23rd ed., online version 23.8, https://dle.rae.es
11. ^ Moliner, María (2007), Diccionario de uso del español, 3rd ed., Madrid: Gredos
12. ^ Battaner Arias, Paz (dir.) (2017), Diccionario general de la lengua española VOX, Barcelona: Larousse Editorial