Nev. Admin. Code § 361.320 — 361.320

NAC 361.320    “Indicator of value” defined. ( NRS
360.090 , 361.320 )    “Indicator of value” means
a conclusion of the worth, expressed in dollars, of a specifically identified
item of property (be it a single parcel of land or piece of equipment or an
extensive corporate conglomerate) based upon consideration of particular
characteristics or attributes of that property. Among the most common indicators
of value are those based upon cost, income and comparable sales.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]