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

• appraisement
• assessment
• estimate
• estimation
• evaluation
• fix
• judgment
• judgement
• value judgment

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

The bigger shock came when Edmunds took its Ocean in for an appraisal at a local CarMax. —Collin Woodard / Jalopnik, Quartz, 1 Apr. 2024

Petrovich took issue with any assertion that the appraisal was not handled properly. —Joe Rubin, Sacramento Bee, 25 Mar. 2024

Accumulate 1,000 hours of acceptable appraisal experience over a minimum of 6 months. —Pat Kapowich, The Mercury News, 16 Mar. 2024

There were no questions or discussion about the appraisal on the land at the northwest corner of the Loop 101 freeway and Scottsdale Road, and the 4-0 approval took less than two minutes. —Stacey Barchenger, The Arizona Republic, 14 Mar. 2024

Last week, one Israeli military official offered an appraisal of the support in an interview with the Wall Street Journal. —Adam Taylor, Washington Post, 12 Mar. 2024

Another possible complication: The Trump Organization stopped preparing a personal financial statement for Trump two years ago, so a lender would need to become comfortable with the finances and could request an appraisal of properties, which also takes time. —Kara Scannell, CNN, 1 Mar. 2024

Part of it had to do with making hiring connections for appraisals and authentication. —Allbusiness, Forbes, 23 Feb. 2024

The appraisal district’s board is set to hold an emergency meeting on Monday. —Noah Alcala Bach, Fort Worth Star-Telegram, 22 Mar. 2024

Word History

Etymology

appraise + -al entry 1

First Known Use

1795, in the meaning defined above

Phrases Containing appraisal

• self-appraisal

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