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appreciation Meaning, Definition & Usage

  1. noun understanding of the nature or meaning or quality or magnitude of something
    grasp; hold.
    • he has a good grasp of accounting practices
  2. noun delicate discrimination (especially of aesthetic values)
    taste; perceptiveness; discernment.
    • arrogance and lack of taste contributed to his rapid success
    • to ask at that particular time was the ultimate in bad taste
  3. noun an expression of gratitude
    • he expressed his appreciation in a short note
  4. noun a favorable judgment
    admiration.
    • a small token in admiration of your works
  5. noun an increase in price or value
    • an appreciation of 30% in the value of real estate
WordNet

Ap*pre`ci*a"tion noun
Etymology
Cf. F. appréciation.
Definitions
  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.

Webster 1913