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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
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
Set Financial Boundaries: Allocate a specific portion of your portfolio for alternative investments, keeping costs like storage, insurance, and appraisals in mind.
—Matthew F. Erskine, Forbes, 16 Dec. 2024
Prices for Malibu real estate has greatly risen over recent decades, with the median sales price clocking in at $3.5 million in 2024’s third quarter, real estate appraisal firm Miller Samuel reports.
—Demetrius Simms, Robb Report, 25 Nov. 2024
Jonathan Miller, of appraisal firm Miller Samuel, who recently looked at 20 years of election-year sales data from Manhattan, Los Angeles, Miami, and Suffolk County, says that there is often a subtle dampening of sales in the months leading up to an election, and a subsequent post-election bump.
—Kim Velsey, Curbed, 15 Nov. 2024
Sadly, an honest appraisal of this question suggests that these days Americans’ devotion to the underlying tenets of democracy is tenuous and fragile.
—Mordechai Gordon, Hartford Courant, 12 Nov. 2024
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Word History
Etymology
First Known Use
1698, in the meaning defined above
Phrases Containing appraisal
Dictionary Entries Near appraisal
Cite this Entry
“Appraisal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/appraisal. Accessed 25 Dec. 2024.
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
More from Merriam-Webster on appraisal
Nglish: Translation of appraisal for Spanish Speakers
Britannica English: Translation of appraisal for Arabic Speakers
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