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appraisal /əˈpreɪzəl/  

  • noun
    plural -als
    the act of judging the value, condition, or importance of something :the act of appraising something [noncount]
    the appraisal of some jewelry [count]
    I made a quick appraisal of the situation and decided to leave right away.
    [count] :something that states an opinion about the value, condition, or importance of something