best use

In eminent domain, the value of property considering its optimum use at a given time and hence the money which should be awarded for such governmental taking; used commonly as "highest and best use", (q.v.)

Black's law dictionary. . 1990.

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  • Highest and best use — is a concept in real estate appraisal. It states that the valueof a property is directly related to the use of that property; the highest and best use is the reasonably probable use that produces the highest property value. This use, the Highest… …   Wikipedia

  • highest and best use — geriausias turto panaudojimas statusas T sritis turto vertinimas apibrėžtis Efektyviausias, kiek fiziškai įmanoma, teisiškai leidžiama ir finansiškai galima, vertinamo turto panaudojimas. atitikmenys: angl. highest and best use šaltinis… …   Lithuanian dictionary (lietuvių žodynas)

  • highest and best use — In real estate valuation (e.g. in condemnation proceedings) the use of land or buildings which will bring the greatest economic return over a given time. This method of valuation requires expert to determine what condemned property s fair market… …   Black's law dictionary

  • best — best1 [ best ] function word *** Best is the superlative form of good and well, and can be used in the following ways: as an adjective: Which apples are best for cooking? (after the ): His performance was the best. It was the best party I ve ever …   Usage of the words and phrases in modern English

  • best — I UK [best] / US adjective *** 1) a) used for referring to the person or thing that is the most satisfactory, suitable, pleasant, effective, of the highest quality etc the best hotel in town Negotiation is always the best way of settling a… …   English dictionary

  • use — verb To make use of; to convert to one s service; to employ; to avail oneself of; to utilize; to carry out a purpose or action by means of; to put into action or service, especially to attain an end. State v. Howard, 221 Kan. 51, 557 P.2d 1280,… …   Black's law dictionary

  • use — {{Roman}}I.{{/Roman}} noun 1 using; being used ADJECTIVE ▪ considerable, extensive, great, heavy, liberal ▪ full, maximum ▪ He made …   Collocations dictionary

  • use — use1 [ juz ] verb *** ▸ 1 do something with tool etc. ▸ 2 get benefit from something ▸ 3 take amount from supply ▸ 4 treat someone in unfair way ▸ 5 take illegal drugs ▸ 6 say particular words ▸ 7 call yourself something ▸ + PHRASES 1. )… …   Usage of the words and phrases in modern English

  • use */*/*/ — I UK [juːz] / US [juz] verb Word forms use : present tense I/you/we/they use he/she/it uses present participle using past tense used past participle used 1) [transitive] to do something using a machine, tool, skill, method etc in order to do a… …   English dictionary

  • use*/*/*/ — [juːz] verb I 1) [T] to do something using a machine, tool, skill, method etc to do a job or to achieve a result Using a computer is so much quicker.[/ex] What type of soap do you use?[/ex] Using all his charm, he managed to persuade them.[/ex]… …   Dictionary for writing and speaking English

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