Dictionary
ap•prais•al
Pronunciation: (u-prā'zul), [key]—
n.
1. the act of estimating or judging the nature or value of something or someone.
2. an estimate of value, as for sale, assessment, or taxation; valuation.
3. an estimate or considered opinion of the nature, quality, importance, etc:
the critics' appraisal of pop art; an incorrect appraisal of public opinion. Also,ap•praise'ment.Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.