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 does appraisal mean?: the estimation of the value of real estate for the purpose of taxation, sale, or securing a mortgage : the estimation of the value of damage done to property for the purpose of adjusting an insurance claim Nglish: Translation of appraisal for Spanish Speakers Britannica English: Translation of appraisal for Arabic Speakers Love words?
    What is a real estate appraisal?An appraisal is a professional examination of real or personal property to determine its market value. An independent appraisal of the company's real estate holdings values those assets at about $1.1 billion. The company commissioned appraisals of the land value, and the timber value.
    What is a performance appraisal?Appraisal often involves observation or some kind of testing. One of the most important tools for organizational improvement is the performance appraisal. An appraisal is a judgement that someone makes about how much money something such as a house or a company is worth. It may also be necessary to get a new appraisal of the property.
    What is an appraisal & why is it important?An appraisal is a judgement that someone makes about how much money something such as a house or a company is worth. It may also be necessary to get a new appraisal of the property. Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers 1. 2. Webster’s New World College Dictionary, 4th Edition.
     
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    WebJul 22, 2022 · An appraisal is a valuation of property, such as real estate, a business, collectible, or an antique, by the estimate of an authorized person. Learn about the different types of appraisals, how they are used, and …

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