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

Despite the 1992 outcome, appraisals of Perot are missing those volunteers of his. Major Garrett, CBS News, "Analysis: What's missing from the Ross Perot obituaries," 11 July 2019 For that reason, a fresh, deeply researched appraisal of his life is welcome and was even to be expected. Michael J. Bustamante, Washington Post, "Portrait of a young Castro, drawn from his personal archive," 5 July 2019 In January your appraisal of people and situations will be better than usual and those who can make a difference to your life might recognize your leadership abilities. Tribune Content Agency, oregonlive.com, "Horoscope for July 5, 2019: Libra avoid unnecessary struggles; Pisces, choose not to respond, yet," 5 July 2019 Simon Kinberg is refreshingly candid in his appraisal of why Dark Phoenix premiered to such dismal ticket sales. Rachel Yang, EW.com, "Dark Phoenix director owns up to film's failure at the box office: 'That's on me'," 15 June 2019 Yet as bag bans spread around the globe, their effectiveness—despite Wakibia’s sunny appraisal of Kenya’s effort—remains an unanswered question. Laura Parker, National Geographic, "Plastic bag bans are spreading. But are they truly effective?," 17 Apr. 2019 The city is having appraisals done for the private property and expects to make purchase offers in June. Lynn Horsley, kansascity, "Huge trees, property values at stake in fight over OP's far-off plan for a 4-lane road | The Kansas City Star," 27 May 2018 Attendees can also bring their collections to show presenter Eric Ohlbrich, who will be doing on-site appraisals. Greg Crawford, Detroit Free Press, "Plan your weekend: St. Patrick's Parade, Royal Oak pub crawl, Monster Jam at Ford Field," 7 Mar. 2018 And the forces likely to produce such an executive-branch appraisal of immigration matters are coming more clearly into view. Ed Burmila, The New Republic, "If Trump wanted to give himself sweeping new powers, could anyone stop him?," 13 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

14 Jul 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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