0 past simple and past participle of revalue --
1 to change the value of something or to consider it again: --
The company's assets are periodically revalued.
to revalue a currency
I suggest that if they were revalued the assets would be found to be very much in excess of the book value in the accounts.
If those assets are not revalued, the only thing we can do is to take the book value.
Moreover, the investments are included in the accounts at the new cost price which is a new revalued figure.
What is more, if it meant grants being withdrawn and applications resubmitted they would have to go through the pipeline again and be revalued.
I make it clear that these figures are revalued each year so that we get the cash equivalent of those 1972 values.
That would stop the nonsense of properties being revalued when their owners improve them by adding a bit on, or installing central heating.
There will be no effect on local authority budgets at least until the funds are revalued sometime next year.
Thus, for the economic analysis, the traded and non-traded farm outputs (mainly crop yields) and inputs are revalued to reflect their shadow prices.
