n. [ Cf. F. appréciation. ] 1. A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence. [ 1913 Webster ]
2. Accurate perception; true estimation; as, an appreciation of the difficulties before us; an appreciation of colors. [ 1913 Webster ]
His foreboding showed his appreciation of Henry's character. J. R. Green. [ 1913 Webster ]
3. A rise in value; -- opposed to depreciation. [ 1913 Webster ]