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the act of estimating or judging the nature or value of something or someone.
an estimate of value, as for sale, assessment, or taxation; valuation.
an estimate or considered opinion of the nature, quality, importance, etc:
the critics’ appraisal of pop art; an incorrect appraisal of public opinion.
an assessment or estimation of the worth, value, or quality of a person or thing See also performance appraisal
a valuation of property or goods

appraisal definition

A formal evaluation of property by an expert, used to establish its market value.


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