noun \ə-ˈprā-zəl\

: the act of judging the value, condition, or importance of something : the act of appraising something

: something that states an opinion about the value, condition, or importance of something

Full Definition of APPRAISAL

:  an act or instance of appraising; especially :  a valuation of property by the estimate of an authorized person

Examples of APPRAISAL

  1. the appraisal of some jewelry
  2. I made a quick appraisal of the situation and decided to leave right away.
  3. The book is an excellent appraisal of the influences that have shaped our government.

First Known Use of APPRAISAL


Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with APPRAISAL


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