ap·pre·ci·a·tion

[uh-pree-shee-ey-shuh n]

–noun

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, especially 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, especially when favorable.