Definitions

1. noun

A public court or assembly, especially in medieval England, that administered justice, levied taxes, or fixed the price of commodities.

“The assize of bread and ale was established to ensure fair prices for these necessities.”

2. noun

A fixed or standard amount, especially of something measured or weighed.

“The assize of ale was 36 pints per gallon.”

3. verb

To fix the price or quantity of something, especially by law or custom.

“The government was forced to assize the price of bread due to inflation.”

4. verb

To estimate or fix the value of something.

“The auctioneer was asked to assize the value of the antique painting.”