1. Understanding of the nature, meaning, quality or magnitude of something
   "he has a good appreciation of accounting practices";
   - grasp, hold
    
2. A favourable judgment
   "a small token in appreciation of your works";
   - admiration
    
3. Delicate discrimination (especially of aesthetic values)
   "arrogance and lack of appreciation contributed to his rapid success";
   - taste, discernment, perceptiveness
    
4. An expression of gratitude
   "he expressed his appreciation in a short note"
    
5. A feeling of thankfulness and appreciation
   "he was overwhelmed with appreciation for their help";
   - gratitude
    
6. An increase in price or value
   "an appreciation of 30% in the value of real estate"

Derived forms: appreciations

See also: tasteful, tasteless, tasty [US, informal]

Type of: apprehension, approval, approving, blessing, discernment, discrimination, feeling, increase, savvy, secernment, step-up, thanks, understanding

Antonym: depreciation

Encyclopedia: Appreciation