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Noun: appraisal  u'prey-zul
  1. An expert estimation of the quality, quantity, and other characteristics of someone or something
    "An appraisal of the property"; "The jeweller's appraisal of the diamond was higher than expected"
     
  2. The act of judging or evaluating a situation or person
    "The annual performance appraisal";
    - assessment
     
  3. A document appraising the value of something (as for insurance or taxation)
    "The jeweller provided an appraisal for the antique necklace";
    - estimate, estimation

Derived forms: appraisals

Type of: categorisation [Brit], categorization, classification, commercial document, commercial instrument, estimate, estimation, sorting

Encyclopedia: Appraisal