Beizulegender

Beizulegender is a German-language term used in accounting and valuation contexts. It refers to an estimated or assigned value used for measurement purposes when no reliable market price exists. The adjective beizulegender appears most often in the compound Beizulegender Zeitwert, which denotes the value established for asset valuation in financial statements, tax assessments, or official appraisals.

Etymology and meaning: beizulegen comes from the idea of assigning or attributing a value, while Zeitwert literally means “time value” but is used in practice to describe a value for measuring assets when market quotes are unavailable. The combination Beizulegender Zeitwert is commonly translated as an estimated or assigned time value rather than a market price.

Usage and context: Historically, Beizulegender Zeitwert has appeared in German accounting guidelines and tax literature as a method for valuing assets lacking active markets. In contemporary practice, many jurisdictions have shifted toward standardized notions of fair value or replacement cost, but the term can still appear in older texts, legal codes, or specific tax provisions. It may also be referenced in discussions of historical valuation methods or in revaluation exercises where market evidence is absent.

Methods and implications: Beizulegender valuation relies on professional judgment and techniques such as replacement cost, depreciated replacement cost, or other approved methods to arrive at an assignable value. Because it is not derived from an active market, the resulting value can differ from actual transaction prices and is typically subject to audit and regulatory review.

See also: fair value, replacement cost, asset valuation, German accounting standards.