appreciation /əpriːʃɪˈeɪʃ(ə)n, əpriːsɪˈeɪʃ(ə)n/


I. noun [ mass noun]

1. recognition and enjoyment of the good qualities of someone or something

I smiled in appreciation
[ count noun]
he had a fine appreciation of drawing.
2. gratitude

they would be the first to show their appreciation.
3. [ count noun] a written assessment of an artist or piece of work, typically a favourable one.

a full appreciation of the professor’s life and work will be published in the Scotsman tomorrow.
4. a full understanding of a situation

the bank’s lack of appreciation of their problems.
5. [ mass noun] increase in monetary value

the appreciation of the dollar against the pound.
– origin late 15th cent.: from French appréciation, from late Latin appretiatio(n-), from the verb appretiare ‘set at a price, appraise’ (see appreciate).

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