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1. Understanding of the nature or meaning or quality or magnitude of something
   - grasp, hold
    
2. Delicate discrimination (especially of aesthetic values)
   - taste, discernment, perceptiveness
    
3. An expression of gratitude
   "he expressed his appreciation in a short note"
    
4. A favourable judgment
   - admiration
    
5. An increase in price or value
   "an appreciation of 30% in the value of real estate"

Derived forms: appreciations

See also: tasteful, tasteless

Type of: apprehension, approval, approving, blessing, discernment, discrimination, increase, savvy, secernment, step-up, thanks, understanding

Antonym: depreciation

Encyclopedia: Appreciation