APPRECIATION

n.

3 definitions — Webster’s Dictionary (1828)


1.
n.

A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.

2.
n.

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.
n.

A rise in value; -- opposed to depreciation.