ap·pre·ci·a·tion /əˌpriʃiˈeʃən, ˌprɪ ||ˌprisi-/
1. A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.
2. Accurate perception; true estimation; as, an appreciation of the difficulties before us; an appreciation of colors.
His foreboding showed his appreciation of Henry's character. --J. R. Green.
3. A rise in value; -- opposed to depreciation.
n 1: understanding of the nature or meaning or quality or
magnitude of something; "he has a good grasp of
accounting practices" [syn: grasp, hold]
2: delicate discrimination (especially of aesthetic values);
"arrogance and lack of taste contributed to his rapid
success"; "to ask at that particular time was the ultimate
in bad taste" [syn: taste, discernment, perceptiveness]
3: an expression of gratitude; "he expressed his appreciation
in a short note"
4: a favorable judgment; "a small token in admiration of your
works" [syn: admiration]
5: an increase in price or value; "an appreciation of 30% in
the value of real estate" [ant: depreciation]