Topic Areas

Appraisal

Definition:

A professional, written estimate of the worth of a given product, property or other fixed asset.

It looks like the results of the appraisal will be available this afternoon.

The appraisal on mom's necklace was more than expected.

Your current house appraisal looks like the one we did for the house across the street.

I've been working on the appraisal since six this morning. That's why you have it already.

It looks like the bank appraisal has been approved.

We have been working overtime for the past week so your house appraisal is finally complete.

Key Phrases
Additional collateral
Outstanding credits
Administrative expenses
Voting share
Amortization
Capital loss
Safety deposit box
Stock dividend
Long-term financing
Protest a bill
Owner’s equity
Accrued revenue
Added value
Merchant bank
Official discount rate
take-over bid
Value at market price
Adjustable-Rate Mortgage
Interest rate
Accrual

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