appraisal

/əˈpreɪzəl/
nounIntermediate evaluation or assessment
💼Business
formal

A formal evaluation of someone's work or performance, often used in professional settings.

The annual appraisal revealed that the team had exceeded their sales targets.

The yearly performance review showed that the team had surpassed their sales goals.

💡

Common in corporate environments to assess employee performance and provide feedback.

💰Finance
formal

An assessment of the value or quality of something, such as property or assets.

The real estate agent provided an appraisal of the house before listing it.

The real estate agent evaluated the house's value before putting it on the market.

💡

Often used in financial or legal contexts to determine the worth of an asset.

informal

A psychological or subjective evaluation of a situation or person.

She gave me a critical appraisal of my presentation skills.

She provided a detailed assessment of my presentation abilities, pointing out areas for improvement.

💡

Can be used informally to describe someone's opinion or judgment.

Collocations

performance appraisala formal evaluation of an employee's workproperty appraisalan assessment of a property's valuecritical appraisala detailed and analytical evaluation

Related Phrases

appraiseverb
to evaluate or assess
appraisernoun
a person who evaluates or assesses

💡Pro Tip

Context Matters

The meaning of 'appraisal' can vary depending on the context—business, finance, or psychology.

Gold Rule

Formal Usage

In professional settings, 'appraisal' typically refers to a structured evaluation process.

📖Word Origin

From Middle English 'appreisen' (to value), from Old French 'aprisier', from Latin 'apprētiāre' (to value).

📝Usage Notes

The term is commonly used in professional and financial contexts to describe formal evaluations.

Word Breakdown

appraise
to evaluate or assess
root
+
-al
relating to
suffix
English Dictionary