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
Appreciation
Account activity
take-over bid
Deferred payments
Affiliated company
Value at market price
Safety deposit box
Voting share
Fixed costs
Accrual
Outstanding credits
Adjustable rate preferred stock
Amortization
Majority interest
Official discount rate
Cash flow
Long-term financing
Withholding tax
On receipt of the order
Subject to collection

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