appraise

uh-PREYZ /əˈpreɪz/
verbC1GREGMATSAT
businessfinanceprofessional

To assess the value, quality, or significance of something, especially by an expert.

Implies a formal, objective, and professional evaluation, often resulting in an official estimated monetary value.

The story behind the word. The word comes from the Late Latin 'appretiare,' which literally meant 'to put a price on.' It entered Middle English through Old French, maintaining its core meaning of having an authorized expert determine exactly how much coin an item was worth.

Word relationships

  • evaluate: Evaluate is a general term for judging quality or significance, while appraise specifically emphasizes determining monetary or professional value.
  • neglect: To neglect is to pay no attention to or fail to care for, rather than assessing value.

Commonly confused with

  • apprise: Apprise means to inform or tell someone (e.g., 'keep me apprised'), whereas appraise means to estimate the value of something.

Word family

  • appraisal (noun): An expert estimate or assessment of something's value.
  • appraiser (noun): A person whose job is to assess the value of property or goods.

Collocations

  • appraise an item
  • professionally appraised
  • appraise the value
  • appraise property

Example sentences

  • "The expert was called to appraise the oil painting, discovering it was a rare 18th-century masterpiece." An antique show evaluation.
  • "Before the bank would approve the mortgage, they sent an inspector to appraise the house's market value." A real estate transaction.

Memory hook

To appraise is to set a 'praise-worthy' price on an object. Praise the price.

When not to use

Do not use for casual, subjective opinions (e.g., 'I appraised his new haircut' is incorrect; use 'evaluate' or 'judge' instead).

Fun facts

  • On the popular television show 'Antiques Roadshow,' items that guests bought for a few dollars at garage sales are frequently appraised for tens of thousands of dollars.

Related words

salvage, vintage, curated

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