appraisal
noun
ap·prais·al
ə-ˈprā-zəl 
: an act or instance of appraising something or someone
a damage appraisal
They gave us an honest appraisal of our chances.
especially
: a valuation of property by the estimate of an authorized person
sought an appraisal of her jewelry
real estate appraisals
Examples of appraisal in a Sentence
the appraisal of some jewelry
I made a quick appraisal of the situation and decided to leave right away.
The book is an excellent appraisal of the influences that have shaped our government.
Recent Examples on the Web
For Black investors, who already face racial disparities in lending and appraisals, the hurdles are even higher.
—
Jasmine Browley, Essence, 3 Apr. 2025
In a hot market, appraisal gaps became commonplace in the most desirable neighborhoods and price points.
—Tc Brown, USA Today, 2 Apr. 2025
One estimate is that two-thirds of outside shares have been filed for the right of appraisal in Delaware courts.
—Brendan Coffey, Sportico.com, 24 Mar. 2025
Much of the criticism of the county’s purchase stemmed from the fact that an appraisal determined a lower value for the property than what the county agreed to pay.
—Nora O’Neill, Charlotte Observer, 19 Mar. 2025
See All Example Sentences for appraisal
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Jasmine Browley, Essence, 3 Apr. 2025
In a hot market, appraisal gaps became commonplace in the most desirable neighborhoods and price points.
—Tc Brown, USA Today, 2 Apr. 2025
One estimate is that two-thirds of outside shares have been filed for the right of appraisal in Delaware courts.
—Brendan Coffey, Sportico.com, 24 Mar. 2025
Much of the criticism of the county’s purchase stemmed from the fact that an appraisal determined a lower value for the property than what the county agreed to pay.
—Nora O’Neill, Charlotte Observer, 19 Mar. 2025
See All Example Sentences for appraisal
Cite this Entry
“Appraisal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/appraisal. Accessed 18 Apr. 2025.
Copy CitationKids Definition
appraisal
noun
ap·prais·al
ə-ˈprā-zəl
: an act or instance of appraising
Legal Definition
appraisal
noun
ap·prais·al
ə-ˈprā-zəl
: a valuation of property by the estimate of an authorized person: as
a
: the determination of the fair value of a corporation's stock by a judicial proceeding that a dissenting shareholder is usually entitled by statute to demand in a case of extraordinary corporate action (as a merger) see also dissent entry 1 sense 1
b
: the estimation of the value of real estate for the purpose of taxation, sale, or securing a mortgage
c
: the estimation of the value of damage done to property for the purpose of adjusting an insurance claim
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