Appraisal

Appraisal, sometimes used as a synonym for evaluation, refers most specifically to estimating the market or dollar value of an object, such as a property or a piece of art or jewelry. The term is also used in valuing intangibles, such as investments; business and industry value, solvency, and liability; and even psychological traits such as motivation.

10.4135/9781412950558.n29
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