appraisal

or ap·praise·ment

[ uh-prey-zuhl ]

noun

1. the act of estimating or judging the nature or value of something or someone.
2. an estimate of value, as for sale, assessment, or taxation; valuation.
3. an estimate or considered opinion of the nature, quality, importance, etc:

   the critics' appraisal of pop art; an incorrect appraisal of public opinion.

appraisal

/ əˈpreɪzəl /

noun

1. an assessment or estimation of the worth, value, or quality of a person or thing See also performance appraisal
2. a valuation of property or goods

appraisal

1. A formal evaluation of property by an expert, used to establish its market value.

Other Words From

• misap·praisal noun
• over·ap·praisal noun
• reap·praisal noun
• self-ap·praisal noun

Word History and Origins

Origin of appraisal¹

First recorded in 1810–20; appraise + -al ²

Example Sentences

Last June, on a sweaty summer evening, in our 550-square-foot Brooklyn apartment filled to the brim with towers of stacked moving boxes, my partner and I took a final appraisal of what our cross-country move to New York City had officially cost us.

From Salon

“They’re laying the groundwork to contest the results,” said Molina, who works in real estate appraisal.

From Los Angeles Times

In September, B. Riley said it had sold a majority stake in its Great American appraisal and liquidation business for about $203 million to Oaktree Capital Management, while retaining a 47% stake valued at roughly $183 million in a new holding company it formed with the L.A. distressed asset manager.

From Los Angeles Times

Earlier this month, B. Riley sold a majority stake in its Great American appraisal and liquidation business in a nearly $400-million deal that earned the company $203 million in cash and left it with a minority stake valued at roughly $183 million in a new holding company it is forming with Oaktree Capital Management, the Los Angeles global investment manager that specializes in distressed assets.

From Los Angeles Times

After an appraisal, the bank deemed that my home had indeed appreciated to 80% or more of the loan value.

From Salon

Related Words

• assessment
• evaluation
• opinion
• pricing
• survey
• valuation