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English definition of “appreciation”

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appreciation

noun [U] uk   /əˌpriː.ʃiˈeɪ.ʃən/ us  

appreciation noun [U] (VALUE)

B2 the act of recognizing or understanding that something is valuable, important, or as described: Max has no appreciation of the finer things in life. The crowd cheered in appreciation. Children rarely show any appreciation of/for what their parents do for them. These flowers are a token of my appreciation of/for all your help.
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appreciation noun [U] (INCREASE)

increase in price, value, etc.: There has been little appreciation in the value of property recently.
(Definition of appreciation from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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