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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Merriam-Webster unabridged
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Time Traveler for appraisal
The first known use of appraisal was in 1795
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