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
At the time, commissioners cited concerns tied to the county’s controversial $42 million purchase of an office building, including allegations that an appraisal valuing the building significantly lower than the purchase price was not properly disclosed during the financing approval process.
—
Nora O'Neill, Charlotte Observer, 19 May 2026
But donations in kind trigger special rules, including about appraisals.
—Robert W. Wood, Forbes.com, 18 May 2026
That includes working to lower the cost of living by supporting good wages, improving access to quality childcare, and pushing for property tax appraisal reform.
—Eleanor Dearman, Fort Worth Star-Telegram, 14 May 2026
In my experience, banks and credit unions tend to be more conservative in terms of credit scores, underwriting requirements and the appraisal value.
—Jeff Lazerson, Oc Register, 14 May 2026
See All Example Sentences for appraisal
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Nora O'Neill, Charlotte Observer, 19 May 2026
But donations in kind trigger special rules, including about appraisals.
—Robert W. Wood, Forbes.com, 18 May 2026
That includes working to lower the cost of living by supporting good wages, improving access to quality childcare, and pushing for property tax appraisal reform.
—Eleanor Dearman, Fort Worth Star-Telegram, 14 May 2026
In my experience, banks and credit unions tend to be more conservative in terms of credit scores, underwriting requirements and the appraisal value.
—Jeff Lazerson, Oc Register, 14 May 2026
See All Example Sentences for appraisal
Cite this Entry
“Appraisal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/appraisal. Accessed 20 May. 2026.
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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