Appraisal
Other forms: appraisalsAn appraisal is a judgment of something, especially an estimate of how much it's worth. Usually you need an expert to give an official appraisal.
Definitions of appraisal
If you were selling a house, you'd need an expert in real estate to give an appraisal of how much it's worth — that's an official estimate of how much you could sell it for. But this word can also be used in other less formal situations that call for a judgment or opinion of some sort. If you painted a picture, you could ask, ‘What's your appraisal of my work?’ Hopefully the answer is ‘beautiful!’
Question
Add to this that the insurance ________ is likely to be higher than a home’s market value.
a. wrangle
b. abbreviation
c. dominion
d. appraisal
Right Answer:- d. appraisal
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