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 of appraisal

• assessment
• evaluation
• appraisement

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

Their job is to apply state law to their appraisals of real and business properties. —Mercury News Editorial Board, Mercury News, 20 Dec. 2025

An appraisal gap guarantee addresses this concern preemptively. —Allison Palmer, Miami Herald, 19 Dec. 2025

Today, the home is maintained by volunteers and plays host to an annual fish fry, appraisal fairs and as a historical venue for private events. —Austin Hornbostel, Nashville Tennessean, 16 Dec. 2025

The appraisals, for the most part, have been taken off the table anyway. —Jack Fink, CBS News, 13 Dec. 2025

Word History

Etymology

appraise + -al entry 1

First Known Use

1698, in the meaning defined above

Phrases Containing appraisal

• self-appraisal

Rhymes for appraisal

• hazel
• nasal
• phrasal
• intranasal
• reappraisal

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