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2 definitions found

From: Webster's Revised Unabridged Dictionary (1913)

 Ap·pre·ci·ate v. t. [imp. & p. p. Appreciated; p. pr. & vb. n. Appreciating.]
 1. To set a price or value on; to estimate justly; to value.
    To appreciate the motives of their enemies.   --Gibbon.
 3. To raise the value of; to increase the market price of; -- opposed to depreciate. [U.S.]
    Lest a sudden peace should appreciate the money.   --Ramsay.
 4. To be sensible of; to distinguish.
    To test the power of bees to appreciate color.   --Lubbock.
 Syn: -- To Appreciate, Estimate, Esteem.
 its. This idea of regarding things favorably appears more fully in the word appreciative; as when we speak of an appreciative audience, or an appreciative review, meaning one that manifests a quick perception and a ready valuation of excellence.

From: WordNet (r) 2.0

      adj 1: giving pleasure or satisfaction [syn: gratifying, pleasing,
      2: fully understood or grasped; "dangers not yet appreciated";
         "these apprehended truths"; "a thing comprehended is a
         thing known as fully as it can be known" [syn: apprehended,