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

An appraisal prepared the last time Trump refinanced estimated that in those circumstances, the 40 Wall land would be worth around $160 million, yielding a reset annual rent of around $10 million — more than the building’s current net operating income. —Paula Aceves, Curbed, 31 Oct. 2024

Like health, car or property insurance, appraisals for losses or damages rely on standards — known as Good Farming Practices — that ensure low yields aren’t caused by mismanagement. —Tribune News Service, The Mercury News, 30 July 2024

The appraisal district sets property appraisals and administers exemptions for tax purposes. —Noah Alcala Bach, Fort Worth Star-Telegram, 19 July 2024

Discuss What's Next and Future Innovations at Advertising Week Morse’s first byline in the Globe, written as a freelancer, was an appraisal of Vassar Clements that appeared in the newspaper in December 1975. —Chris Willman, Variety, 29 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