Main Entry:

ap·pre·ci·a·tion

Pronunciation:

\ə-ˌprē-shē-ˈā-shən, -ˌpri- also -ˌprē-sē-\

Function:

noun

Date:

1604

1 a: judgment, evaluation ; especially : a favorable critical estimate b: sensitive awareness ; especially : recognition of aesthetic values c: an expression of admiration, approval, or gratitude2: increase in value