Associations to the word «Appraisal»

APPRAISAL, noun. The act or process of developing an opinion of value.

APPRAISAL, noun. A judgment or assessment of the value of something, especially a formal one.

APPRAISAL COST, noun. (real estate) (usually in plural) The costs that are incurred in assessing that products/services conform to the requirements. It relates to testing, executing, and examination to assess whether specified quality is being maintained. Some example component items of the total appraisal costs are: product quality audits, process control monitoring, inspection and testing of goods, and maintenance of test equipment.

APPRAISAL, noun. The classification of someone or something with respect to its worth.

APPRAISAL, noun. A document appraising the value of something (as for insurance or taxation).

APPRAISAL, noun. An expert estimation of the quality, quantity, and other characteristics of someone or something.