Appraisal is a term that is commonly used in different contexts, such as in the workplace, real estate, and art. It refers to the act of assessing or evaluating something to determine its value, worth, or quality. In this article, we will explore the definition and meaning of appraisal, its origin, associations, synonyms, antonyms, and example sentences.
Definitions
Appraisal is defined as the act of evaluating or assessing something, typically to determine its value, worth, or quality. It can also refer to the estimation of the value of a property or asset, such as a house, car, or artwork. In the context of performance management, appraisal refers to the process of evaluating an employee’s performance and providing feedback.
Origin
The word ‘appraisal’ comes from the Old French word ‘apreisier’ which means ‘to set a price’. The term was first used in the English language in the 15th century, and it has since evolved to encompass a broader range of meanings and applications.
Meaning in different dictionaries
According to the Merriam-Webster dictionary, appraisal is defined as “an act or instance of appraising something or someone; especially : a valuation of property by the estimate of an authorized person.” The Oxford English Dictionary defines it as “an act of assessing something or someone.” The Cambridge Dictionary defines it as “the act of examining someone or something in order to judge their qualities, success, or needs.”
Associations
Appraisal is commonly associated with the real estate industry, where it is used to determine the value of a property. It is also associated with the art world, where it is used to evaluate the quality and authenticity of artwork. In the workplace, appraisal is associated with performance management, where it is used to evaluate and provide feedback on an employee’s performance.
Synonyms
Some synonyms of appraisal include evaluation, assessment, estimation, judgment, and analysis.
Antonyms
Some antonyms of appraisal include disregard, neglect, ignorance, and indifference.
The same root words
The word ‘appraisal’ is derived from the Old French word ‘apreisier’, which is also the root word for the English word ‘appraise’.
Example Sentences
- The real estate agent conducted an appraisal of the property to determine its value.
- The art expert provided an appraisal of the painting to determine its authenticity and value.
- The manager conducted a performance appraisal of the employee to evaluate their performance and provide feedback.
- The insurance company requires an appraisal of the car before issuing a policy.
- The bank requires an appraisal of the property before approving a mortgage.