Conclusion
An appraiser is an individual who assesses the value or worth of a property, asset or item. They are responsible for determining the value of an item or property based on various factors such as its condition, location, age, and market demand. Appraisers are often required in the real estate, insurance, and finance industries, among others.
Definitions
An appraiser is defined as an individual who determines the value or worth of a property, asset or item. They use their expertise and knowledge to assess the condition of the item, its location, age, and market demand to arrive at a fair and accurate value.
Origin
The word appraiser has its roots in the French word apprécier, which means to appreciate or value. The word was first used in the English language in the 15th century and has since been used to describe individuals who assess the value of different items.
Meaning in different dictionaries
According to the Merriam-Webster dictionary, an appraiser is “one who appraises, especially one whose profession is the appraisal of property.” The Oxford English Dictionary defines an appraiser as “a person who assesses the value or quality of something.”
Associations
Appraisers are often associated with the real estate industry, where they are responsible for determining the value of a property. They are also associated with the insurance industry, where they assess the value of items that are being insured. Appraisers may also be associated with the finance industry, where they are involved in the valuation of assets.
Synonyms
Some synonyms of appraiser include valuator, assessor, estimator, and evaluator.
Antonyms
There are no specific antonyms of appraiser, but some words that could be considered opposites include devalue, depreciate, and undervalue.
The same root words
Some words that have the same root as appraiser include appreciate, appraisal, and appraise.
Example Sentences
- The appraiser determined that the value of the property had increased by 10% since it was last appraised.
- The insurance company sent an appraiser to assess the value of the antique vase.
- The finance company hired an appraiser to determine the value of the company’s assets.
In conclusion, an appraiser is an individual who assesses the value or worth of a property, asset or item. They are responsible for determining the value of an item or property based on various factors such as its condition, location, age, and market demand. Appraisers are often required in the real estate, insurance, and finance industries, among others.