Appreciation - Dictionary Definition and Overview

Appreciation :  (noun)
1: understanding of the nature or meaning or quality or magnitude of something; "he has a good grasp of accounting practices" [syn: grasp, hold]
2: delicate discrimination (especially of aesthetic values); "arrogance and lack of taste contributed to his rapid success"; "to ask at that particular time was the ultimate in bad taste" [syn: taste, discernment, perceptiveness]
3: an expression of gratitude; "he expressed his appreciation in a short note"
4: a favorable judgment; "a small token in admiration of your works" [syn: admiration]
5: an increase in price or value; "an appreciation of 30% in the value of real estate" [ant: depreciation]

Based on WordNet 2.0

Appreciation : \Ap*pre`ci*a"tion\, n. [Cf. F. appr['e]ciation.] 1. A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.

2. Accurate perception; true estimation; as, an appreciation of the difficulties before us; an appreciation of colors.

His foreboding showed his appreciation of Henry's character. --J. R. Green.

3. A rise in value; -- opposed to depreciation.

Based on WordNet (r) 2.0 (August 2003)
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