Appraise

Business, Legal & Accounting Glossary

Definition: Appraise



What is the dictionary definition of Appraise?

Dictionary Definition


v. to professionally evaluate the value of property includ- ing real estate, jewelry, antique furniture, securities, or in certain cases the loss of value (or cost of replacement) due to damage. This may be necessary in determining the value of the estate of someone who has died, particularly when the items must be divided among the beneficiaries, to determine the value of assets for insurance coverage, to divide partnership assets, set a sales price, determine taxes, or make insurance claims.


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https://payrollheaven.com/define/appraise/
Modern Language Association (MLA):
Appraise. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2020 https://payrollheaven.com/define/appraise/.
Chicago Manual of Style (CMS):
Appraise. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/appraise/ (accessed: November 29, 2020).
American Psychological Association (APA):
Appraise. PayrollHeaven.com. Retrieved November 29, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/appraise/

Definition Sources


Definitions for Appraise are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 2 Views.