appraisal

noun
ap·​prais·​al | \ ə-ˈprā-zəl How to pronounce appraisal (audio) \

Definition of appraisal

: 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

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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.
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Recent Examples on the Web

But The Testaments makes her something else again: a chronicler of Gilead who in some sense challenges both Offred’s appraisal of her and the reader’s. Sophie Gilbert, The Atlantic, "The Challenge of Margaret Atwood," 5 Sep. 2019 The parties are still hammering out the terms of a sale and are currently evaluating a draft version of a land appraisal. Jennifer Van Grove, San Diego Union-Tribune, "Now hiring: SDSU Mission Valley stadium marketing guru," 2 Aug. 2019 Driven by a state government dominated by Democrats, California is undertaking a broad revisionist appraisal of its criminal justice system, particularly its malign effects on millions of people of color. Scott Wilson, chicagotribune.com, "In California, Fresno’s West Side lost the war on drugs, but hopes a revival will be tied to marijuana," 24 July 2019 The centenary celebrations came too soon for a true appraisal. Douglas Murray, National Review, "Michael Tippett’s ‘Timeless Music in Time’," 11 July 2019 The value of his artwork is pending appraisal, the will states. Ali Watkins, New York Times, "Jeffrey Epstein’s Will: He Signed 2 Days Before Killing Himself," 19 Aug. 2019 The city has not yet made the appraisal public but has promised to do so before a vote on any deal with the Angels. Bill Shaikin, Los Angeles Times, "Angels have a third option in their stadium search," 14 Aug. 2019 McNulty owns Gizmos Art that does framing, appraisals, painting and photograph restoration and digital printing. Lyndi Mcnulty, baltimoresun.com/maryland/carroll, "An Eye for Art: Photographer Robert Schellhammer likes ‘to bring out the beauty of things’," 17 July 2019 Negotiations are ongoing, although both sides are waiting for the release of a new site appraisal, which should set a framework for how much the city could command for its seemingly prime real estate asset. Jennifer Van Grove, San Diego Union-Tribune, "SDSU hires construction company for Mission Valley campus," 26 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'appraisal.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of appraisal

1795, in the meaning defined above

History and Etymology for appraisal

see appraise

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Learn More about appraisal

Statistics for appraisal

Last Updated

8 Sep 2019

Look-up Popularity

Time Traveler for appraisal

The first known use of appraisal was in 1795

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More Definitions for appraisal

appraisal

noun

Financial Definition of appraisal

What It Is

An appraisal is an estimate of the market value of an item by a certified professional.

How It Works

The definition of appraisal on InvestingAnswersAppraisals can be assigned to nearly any item, including real estate. Appraisals are conducted by individuals called appraisers. Appraisers are educated in a variety of market valuation methods and are recognized by a regulatory authority as being capable of issuing an accurate valuation. For instance, an appraisal on an antique will take into account such variables as age, condition, origin, and availability of authenticating documentation.

Why It Matters

Property appraisals are done primarily for taxation and insurance purposes, but may also serve as the basis for an asking price should the owner of a piece of property wish to sell. Appraisals are also valuable for business purposes, as many takeovers are based on a fair valuation of the company’s assets.

Source: Investing Answers

appraisal

noun

English Language Learners Definition of appraisal

: 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

appraisal

noun
ap·​prais·​al | \ ə-ˈprā-zəl How to pronounce appraisal (audio) \

Kids Definition of appraisal

: an act or instance of setting a value on appraisal of the property

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appraisal

noun
ap·​prais·​al | \ ə-ˈprā-zəl How to pronounce appraisal (audio) \

Legal Definition of appraisal

: 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

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Comments on appraisal

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