APPRAISAL
\ɐpɹˈe͡ɪsə͡l], \ɐpɹˈeɪsəl], \ɐ_p_ɹ_ˈeɪ_s_əl]\
Definitions of APPRAISAL
- 2006 - WordNet 3.0
- 2011 - English Dictionary Database
- 2010 - New Age Dictionary Database
- 1913 - Webster's Revised Unabridged Dictionary
- 2010 - Legal Glossary Database
- 1919 - The Winston Simplified Dictionary
- 1919 - The Concise Standard Dictionary of the English Language
- 1871 - The Cabinet Dictionary of the English Language
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By Princeton University
By DataStellar Co., Ltd
By Oddity Software
By Noah Webster.
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A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.
By Oddity Software
By William Dodge Lewis, Edgar Arthur Singer
