appraisal

A valuation or an approximation of value by impartial, properly qualified persons; the process of determining the value of an asset or liability, which entails expert opinion rather than express commercial transactions.

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appraisal noun appraisement, assessment, computation, determination, estimate, estimated value, estimation, evaluation, examination, fixing a price, measurement, quantification, reckoning, setting a price, setting the value, survey, valuation
Associated concepts: appraisal at actual value, appraisal at estimated value, appraisal at market value, appraisal value

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See also: account, appreciation, arbitration, assessment, choice, computation, concept, cost, decision, determination, differentiation, discernment, discretion, discrimination, estimate, estimation, expense, face amount, generalization, idea, inspection, judgment, measurement, par, perception, price, proposal, rating, report, review, value, worth