appraisal

American  

[uh-prey-zuhl] / əˈpreɪ zəl /

Or appraisement

noun

1. the act of estimating or judging the nature or value of something or someone.

2. an estimate of value, as for sale, assessment, or taxation; valuation.

3. an estimate or considered opinion of the nature, quality, importance, etc.

   the critics' appraisal of pop art; an incorrect appraisal of public opinion.

---

appraisal British  

/ əˈpreɪzəl /

noun

1. an assessment or estimation of the worth, value, or quality of a person or thing See also performance appraisal

2. a valuation of property or goods

---

appraisal Cultural  

1. A formal evaluation of property by an expert, used to establish its market value.

---

Other Word Forms

• misappraisal noun
• overappraisal noun
• reappraisal noun
• self-appraisal noun

Etymology

Origin of appraisal

First recorded in 1810–20; appraise + -al ²

Example Sentences

Seated around the living room, Guinnip and his siblings dig into packets filled with appraisals and farm history as they discuss plans for land potentially worth millions of dollars.

From The Wall Street Journal

“These common contingencies — inspection, appraisal, financing, sale of the buyer’s current home, clear title, etc. — mean that backing out for those reasons is lawful and permitted under the contract.”

From MarketWatch

Australia, Bahrain, Turkey, Libya, Algeria and Mexico, but these are still in the “exploration and appraisal phase,” McConn noted.

From The Wall Street Journal

The rationale of requiring an appraisal for donated property worth more than $5,000 is a sound one given the federal government’s goal of filling its coffers.

From The Wall Street Journal

“Look, I know I’m late,” he said quickly at her appraisal, needlessly adjusting the collar of his shirt and making a futile attempt at raking his hair back into place.

From Literature

Related Words

• assessment
• evaluation
• opinion
• pricing
• survey
• valuation