Definition, Meaning & Synonyms
appraisal
noun
/əˈpreɪ.zəl/
Definition
An evaluation or assessment of the value, quality, or performance of something.
Examples
- The appraisal of the house came in much higher than expected.
- After the performance appraisal, employees received feedback on their work.
- The bank required an appraisal before approving the loan.
Meaning
Appraisal refers to a process of examining and judging the worth of an item, service, or asset. It is often used in relation to real estate or employee performance.
Synonyms
- assessment
- evaluation
- estimation
- judgment
- review
