1. the act or process of estimating the value, quality, or importance of something
Usage: formal

Examples

• The bank required a professional appraisement of the property before approving the loan.
• Her appraisement of the situation proved to be accurate.
• The insurance company conducted an appraisement of the damaged vehicle.
• The art dealer’s appraisement valued the painting at over a million dollars.
• A careful appraisement of his skills revealed areas for improvement.
• The appraisement process took several weeks to complete.