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 program has no income limit and in some cases includes an appraisal credit, lender credit for a one-year home warranty, housing counseling credit, temporary buy down, and title insurance credit. —Kelsey Neubauer, CNBC, 11 July 2024

Morris said town officials are in contact with the state land development monthly and are getting a cost appraisal. —Kerria Weaver, The Arizona Republic, 8 July 2024

At issue during the family’s messy legal battle was, among other things, an appraisal of Feinstein’s jewelry collection, as well as the couple’s multimillion-dollar real estate portfolio. —Laura J. Nelson, Los Angeles Times, 11 Sep. 2024

As the flood of obituaries made clear, and strove in their appraisals to establish, the narrative was set. —Gordon Hughes, Artforum, 1 Sep. 2024

Word History

Etymology

appraise + -al entry 1

First Known Use

1698, 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