Definitions

1. noun

the act of estimating or evaluating the value of something, especially property or goods

“The appraisal of the house took several days to complete.”

2. noun

a formal assessment of the value of something

“The appraisement of the antique vase was done by a professional expert.”

3. noun

a payment or allowance made for something, especially in the form of an allowance or a gratuity

“The appraisement of the employee’s bonus was considered fair by the management.”