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English definition of “appraise”

appraise

verb [T]     /əˈpreɪz/
to estimate the value, condition, quality, etc. of someone or something after a careful examination: The banks need to develop the skills required to appraise and monitor borrowers in a market economy.appraise sth at/for sth The entire property is appraised at $7.2 million.appraise sth for sth The artwork was appraised for $10 million. The price was more than twice the land's appraised value.
HR, MANAGEMENT to meet with an employee to discuss their progress, aims, and needs at work: Senior staff appraise their day-to-day work, while mentors are on hand to offer general career advice.
(Definition of appraise verb from the Cambridge Business English Dictionary © Cambridge University Press)
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