This is the 6638th most frequent Dutch word.
woz
The Dutch word "WOZ" stands for "Waardering Onroerende Zaken," which means "Valuation of Immovable Property" used for tax purposes.
In this sentence, 'WOZ' (Waardering Onroerende Zaken) refers to the assessed value of a property in the Netherlands for taxation purposes.
De WOZ-waarde van ons huis is dit jaar gestegen.
The WOZ value of our house has increased this year.
Here, 'WOZ' represents the entire process and system related to property value assessment managed by municipalities.
Elke gemeente berekent de WOZ jaarlijks.
Each municipality calculates the WOZ annually.
In this example, 'WOZ' is part of 'WOZ beschikking,' which means the decision or document stating the assessed property value.