Understanding the meaning of appraisal

appraisal

/ə'preɪzəl/

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

estimate estimation

type of:
commercial instrument commercial document
noun
the classification of someone or something with respect to its worth
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Similar:

assessment

type of:
classification categorization categorisation sorting
noun
an expert estimation of the quality, quantity, and other characteristics of someone or something
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type of:
estimate estimation

Explanation of appraisal

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