AskDefine | Define appreciation

Dictionary Definition

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]

User Contributed Dictionary

English

Etymology

Compare with French appréciation.

Pronunciation

Noun

  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.

Translations

A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence
  • German: Anerkennung, Würdigung, Dankbarkeit, Wertschätzung
  • Kurdish:
  • Portuguese: apreciação
    Sorani: ته‌قدیر
Accurate perception; true estimation; as, an appreciation of the difficulties before us; an appreciation of colors
  • German: Beurteilung, Würdigung, Wertschätzung
  • Kurdish:
  • Portuguese: apreciação
    Sorani: ته‌قدیر
A rise in value;—opposed to depreciation
  • German: Wertzunahme
  • Portuguese: apreciação

Related terms

appreciate

Extensive Definition

Appreciation is a term used in accounting relating to the increase in value of an asset. In this sense it is the reverse of depreciation, which measures the fall in value of assets over their normal life-time.
Appreciation is a rise of a currency in a floating exchange rate.
In times of high inflation, appreciation will be common to all balance sheet assets. Generally, the term is reserved for property or, more specifically, land and buildings. In any viable modern economy, such property tends to increase in value over the years - if only because of the scarcity of usable land forces its price in a competitive situation. However, this belief has often caused speculative bubbles to arise.
There are considerable difficulties in assessing the increase in value of any particular asset. This is principally because of the variety of interpretations that can be attached to the word value itself and due to the various instruments and methods used in the valuation process.
Appreciation is also a term meaning an expression of gratitude.

External links

  • Yee, Kenton K., "Opportunities Knocking: Residual Income Valuation of an Adaptive Firm" . Journal of Accounting, Auditing and Finance, Vol. 15, No. 3, pp. 225-266, Summer 2000.
appreciation in Czech: Apreciace
appreciation in Polish: Aprecjacja pieniądza

Synonyms, Antonyms and Related Words

acceptance, access, accession, accretion, accrual, accruement, accumulation, acknowledgment, addition, admiration, admission, adoration, advance, aggrandizement, allowance, amplification, analyzing, apotheosis, apperception, appraisal, appraisement, appraising, appreciation of differences, appreciativeness, approbation, approval, artistic judgment, ascent, assessing, assessment, augmentation, avowal, awareness, awe, ballooning, bloating, blurb, boom, boost, breathless adoration, broadening, buildup, cognition, cognizance, commendation, comprehension, concession, confession, connoisseurship, consciousness, consideration, courtesy, crescendo, critical niceness, criticalness, declaration, deference, deification, delicacy, development, discriminating taste, discriminatingness, discrimination, discriminativeness, duty, edema, elevation, enhancement, enjoyment, enlargement, esteem, estimate, estimation, evaluating, evaluation, evaluative criticism, exaggerated respect, expansion, extension, fastidiousness, favor, feel, feeling, fine palate, finesse, flood, gain, gauging, good word, gratefulness, gratitude, great respect, greatening, growth, gush, hero worship, high regard, hike, homage, honor, honorable mention, hype, idolatry, idolization, increase, increment, inflation, insight, judiciousness, jump, knowledge, leap, making distinctions, measurement, mindfulness, mounting, multiplication, niceness of distinction, nicety, noesis, note, notice, obligation, opinion, palate, perception, plug, prestige, productiveness, profession, proliferation, promotion, puff, raise, ranking, rating, realization, reckoning, recognition, refined discrimination, refined palate, refinement, regard, respect, reverence, reverential regard, rise, salvo, selectiveness, sense, sense of obligation, sensibility, sensitivity, snowballing, spread, subtlety, surge, swelling, tact, tactfulness, taste, thankfulness, thanks, tribute, tumescence, understanding, up, upping, upsurge, upswing, uptrend, upturn, valuation, valuing, veneration, view, waxing, weighing, widening, worship
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