Appraisal
volume
British pronunciation/ɐpɹˈe‍ɪsə‍l/
American pronunciation/əˈpɹeɪzəɫ/

Definition & Meaning of "appraisal"

Appraisal
01

the classification of someone or something with respect to its worth

02

the act of evaluating someone or something in order to form an opinion or judgment about them

What is an "appraisal"?

An appraisal is the process of evaluating and forming an opinion about someone or something to determine their value or quality. This often involves examining various aspects to evaluate worth, quality, or performance. Appraisals can be used in many contexts, such as evaluating the worth of an artwork, an employee's job performance, or the condition of a property. The goal is to provide a clear and thorough evaluation based on specific factors.

03

a document appraising the value of something (as for insurance or taxation)

example
Example
examples
The bookstore consigned a collection of rare books to an auction house for appraisal and sale.
The appraisal for the vintage watch noted that its case was crafted from 10 karat gold, indicating a gold content of just over 40%.
The employee's performance appraisal highlighted their strong work ethic and dedication to their job.
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