appraisal

noun

ap·​prais·​al ə-ˈprā-zəl 

: an act or instance of appraising something or someone

a damage appraisal

They gave us an honest appraisal of our chances.

especially : a valuation of property by the estimate of an authorized person

sought an appraisal of her jewelry

real estate appraisals

Synonyms

• appraisement
• assessment
• estimate
• estimation
• evaluation
• fix
• judgment
• judgement
• value judgment

Examples of appraisal in a Sentence

the appraisal of some jewelry

I made a quick appraisal of the situation and decided to leave right away.

The book is an excellent appraisal of the influences that have shaped our government.

Recent Examples on the Web

Cynical appraisals of Prosecco’s ability to embody its terroir may highlight the masking effects of bubbles and high sugar levels, but this is unhelpfully reductive. —Paul Caputo, Forbes, 30 Nov. 2024

The Bears have countered with appraisals ranging from $60 million to $71 million and categorizing the property as vacant residential land, which gets taxed at 10% of market value. —Robert McCoppin, Chicago Tribune, 25 Nov. 2024

Their compactness overwhelmed any appraisal of their number: there may have been a thousand letters or a hundred thousand. —Kayla Aletha Welch, Longreads, 19 Nov. 2024

At one point during his civil-fraud deposition, lawyers representing the state AG handed him a thick document: a property appraisal of 40 Wall. —Paula Aceves, Curbed, 31 Oct. 2024

Word History

Etymology

appraise + -al entry 1

First Known Use

1698, in the meaning defined above

Phrases Containing appraisal

• self-appraisal

Kids Definition

appraisal

noun

ap·​prais·​al ə-ˈprā-zəl 

: an act or instance of appraising

Legal Definition

appraisal

noun

ap·​prais·​al ə-ˈprā-zəl 

: a valuation of property by the estimate of an authorized person: as

a

: the determination of the fair value of a corporation's stock by a judicial proceeding that a dissenting shareholder is usually entitled by statute to demand in a case of extraordinary corporate action (as a merger) see also dissent entry 1 sense 1

b

: the estimation of the value of real estate for the purpose of taxation, sale, or securing a mortgage

c

: the estimation of the value of damage done to property for the purpose of adjusting an insurance claim