Appreciation
WordNet
noun
(1) An increase in price or value
"An appreciation of 30% in the value of real estate"
(2) A favorable judgment
"A small token in admiration of your works"
(3) Delicate discrimination (especially of aesthetic values)
"Arrogance and lack of taste contributed to his rapid success"
"To ask at that particular time was the ultimate in bad taste"
(4) Understanding of the nature or meaning or quality or magnitude of something
"He has a good grasp of accounting practices"
(5) An expression of gratitude
"He expressed his appreciation in a short note"
WiktionaryText
Noun
- A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.
- 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.
- A rise in value;—opposed to depreciation.