Ap*pre`ci*a"tion (#), n. [Cf. F. appr'eciation.]

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.