define appraisal - Search
  1. Dictionary

    ap·prais·al
    [əˈprāz(ə)l]
    noun
    appraisal (noun) · appraisals (plural noun)
    1. an act of assessing something or someone:
      "the report has been subject to appraisal" · "treatment begins with a thorough appraisal of the patient's condition"
      • an expert estimate of the value of something:
        "the final figure is just a little more than triple the appraisal"
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  2. People also ask
    What is appraisal noun?Definition of appraisal noun from the Oxford Advanced Learner's Dictionary a judgement of the value, performance or nature of somebody/something He had read many detailed critical appraisals of her work. She was honest in her appraisal of her team's chances. The report has been subject to appraisal.
    What is a property appraisal?A **property appraisal** is an estimate of a property's value conducted by a **licensed appraiser**. Whether you're **buying**, **selling**, or **refinancing** a home, an appraisal is a crucial part ofA **property appraisal** is an estimate of a property's value conducted by a **licensed appraiser**. Whether you're **buying**, **selling**, or **refinancing** a home, an appraisal is a crucial part of
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    What does it mean to appraise something?appraise something (at something) to officially examine a building, an object, etc. and say how much it is worth They appraised the painting at £200 000. appraise somebody (British English) to make a formal judgement about the value of a person’s work, usually after a discussion with them about it Managers must appraise all staff.
    What is an appraisal used for?Appraisals are typically used for insurance and taxation purposes or to determine a possible selling price for an item or property. An appraisal is an assessment of the fair market value of a property, business, antique, or even a collectible. Appraisals are used to estimate the value of items that are infrequently traded, and are unique.
     
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