appreciation: Meaning and Definition of

ap•pre•ci•a•tion

1. gratitude; thankful recognition: They showed their appreciation by giving him a gold watch.
2. the act of estimating the qualities of things and giving them their proper value.
3. clear perception or recognition, esp. of aesthetic quality: a course in art appreciation.
4. an increase or rise in the value of property, goods, etc.
5. critical notice; evaluation; opinion, as of a situation, person, etc.
6. a critique or written evaluation, esp. when favorable.