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 Clarendon Hills officials are having a third-party appraisal done of its property at 301 Park Ave., before attempting to reach a deal to sell. Chuck Fieldman, chicagotribune.com, "Developer of 229 Park Ave. luxury apartments in Clarendon Hills looking to build more," 27 Apr. 2021 Since October, Cameron County appraisal district records show that property values on Weems Street have exploded, in some cases quadrupling. Brandon Lingle, San Antonio Express-News, "'This is not SpaceX property - this is my property': SpaceX looks to recast South Texas town as 'Starbase'," 24 Apr. 2021 ProPublica then merged this information with county tax assessment rolls for 2019, which showed each property’s fair market value based on a government appraisal. Jeremy Kohler, ProPublica, "State-Supported “Clean Energy” Loans Are Putting Borrowers At Risk of Losing Their Homes," 23 Apr. 2021 Or a coolly rational appraisal of what policies should be implemented to do better next time. David Montgomery, Washington Post, "Climate news is relentlessly, objectively grim. Should we ever allow ourselves to feel optimism?," 12 Apr. 2021 The most thoughtful gifts for mom on Mother’s Day begin with a careful appraisal of her hobbies, likes, and pastimes. Outdoor Life, "Best Gifts For Mom Under $200: Cool Gifts for Moms Who Love the Outdoors," 22 Mar. 2021 An appraisal, home inspection, title search, loan underwriting—these are just some of the fees and services that are required to finalize your mortgage. Brittany Anas, House Beautiful, "What Every Homebuyer Should Expect When Closing on a Home," 12 Mar. 2021 The final appraisal, sent to Mr. Trump in 2016, values the property at $56.5 million and the conservation easement portion at $21.1 million. Corinne Ramey, WSJ, "Manhattan Prosecutors Advance Probe Into Trump’s Seven Springs Estate," 9 Mar. 2021 West heard echoes of Dostoyevsky in the novel, issuing what could only have been a hurtful appraisal—on Nabokov’s extensive list of second-raters, Dostoyevsky ranked near the top. Stacy Schiff, The New Yorker, "Véra Nabokov Was the First and Greatest Champion of “Lolita”," 5 Mar. 2021

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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Time Traveler for appraisal

Time Traveler

The first known use of appraisal was in 1795

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Statistics for appraisal

Last Updated

3 May 2021

Cite this Entry

“Appraisal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/appraisal. Accessed 13 May. 2021.

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More Definitions for appraisal

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

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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