appraisal
//əˈpreɪ.zəl//
Noun
appraisalSingular
appraisalsPlural
1
An act of assessing or evaluating something, especially a formal assessment of the value, quality, or nature of something.
The bank required an appraisal of the property before approving the loan.
2
A formal evaluation of an employee's performance at work, typically conducted periodically.
I have my annual appraisal with my manager next week.
3
An expert estimate of the monetary value of property, artwork, or other assets.
We need to get an appraisal of the antique vase before selling it.