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

The bank will start the underwriting process, which will include an appraisal on the home and a title search. —Kelsey Neubauer, CNBC, 30 Jan. 2025

Krulik said applicants send in images of items for appraisal and get a ticket, but in-person viewing is necessary to determine if an artwork isn’t a reproduction or an oleograph, a print textured to resemble an oil painting. —Karen K. Ho, ARTnews.com, 24 Jan. 2025

Ratcliffe himself has been blunt in appraisals on the picture at United. —Laurie Whitwell, The Athletic, 21 Jan. 2025

The syndication industry, however, created a demand for wilder and wilder appraisals and the supply arose to meet that demand. —Peter J Reilly, Forbes, 14 Jan. 2025

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