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

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 With both loan types, buyers need to get an appraisal of the property from a lender. Phillip Molnar, San Diego Union-Tribune, 30 Dec. 2021 The city negotiated only with Moreno and used an appraisal to determine land value, rather than putting the land up for bid and letting the market decide. Bill Shaikin, Los Angeles Times, 20 Dec. 2021 This is a detailed account of the depravity of that life, and an honest appraisal of Warner’s character. Longreads, 17 Nov. 2021 After conducting an appraisal, the Land Conservancy offered to buy the property for $290,000. Saki Knafo, Curbed, 20 Oct. 2021 In April, Dominican President Donna Carroll, who retired June 18, said an initial appraisal of the site by Jones Lang LaSalle put the price at $8 million, according to a report in the Wednesday Journal. Bob Chiarito, chicagotribune.com, 27 July 2021 The Mutual Housing Association of Greater Hartford, which develops both affordable and market-rate housing, offered to buy the 1.2-acre surface lot for $1.6 million, contingent on an appraisal. Kenneth R. Gosselin, courant.com, 7 July 2021 The first step would be to find out how much your home is worth by getting an appraisal or an opinion from a real estate professional. Paco De Leon, refinery29.com, 24 June 2021 The previous record in Miami-Dade County was a $60 million sale at Faena House in 2015, according to research and appraisal firm Miller Samuel. E.b. Solomont, WSJ, 20 Dec. 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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Dictionary Entries Near appraisal

appr

appraisal

appraise

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Statistics for appraisal

Last Updated

3 Jan 2022

Cite this Entry

“Appraisal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/appraisal. Accessed 24 Jan. 2022.

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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

More from Merriam-Webster on appraisal

Nglish: Translation of appraisal for Spanish Speakers

Britannica English: Translation of appraisal for Arabic Speakers

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