appraisal Meaning in the Cambridge English Dictionary
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Meaning of “appraisal” in the English Dictionary

"appraisal" in British English

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appraisalnoun [C or U]

uk   us   /əˈpreɪ.zəl/
the ​act of ​examining someone or something in ​order to ​judgetheirqualities, ​success, or ​needs: The ​newspaper gave an ​editorial appraisal of the government's ​achievements of the past ​year. (also job/performance appraisal) a ​meeting in which an ​employeediscusses his or her ​progress, ​aims, and ​needs at ​work with his or her ​manager or ​employer: Many ​companiesoperateregularjob appraisals, often on an ​annualbasis.
(Definition of appraisal from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"appraisal" in Business English

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appraisalnoun [C or U]

uk   us   /əˈpreɪzəl/
an ​examination of the ​value, ​condition, ​qualities, etc. of something: accurate/realistic/honest appraisal She said there was a desire for "an honest appraisal to ​identify the ​true facts of this matter". Items ​valued at over $500 ​require written independent appraisals.real estate/property appraisal A ​privaterealestate appraisal for the ​sale put the ​value at $1.53 million.
(also performance appraisal, also performance evaluation, also performance review) HR, MANAGEMENT a ​meeting between an ​employee and their ​manager to discuss their ​progress, ​aims, and ​needs at ​work: Performance appraisals ​focuscentrally on ​taskstandards and on ​work behaviours, not on ​personality. Millions of ​employees undergo ​formal appraisal.
(Definition of appraisal from the Cambridge Business English Dictionary © Cambridge University Press)
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