appreciation
n. C / Un. the feeling of being thankful for something, or the ability to understand why something is good or beautiful. It can also mean an increase in the value of something over time.
n. recognition and enjoyment of the good qualities of someone or something; a full understanding of a situation. Also refers to an increase in the monetary value of an asset.
She showed her appreciation by sending a thank-you note.
The gallery tour helped the students develop a deeper appreciation for modern sculpture and abstract art.
While the initial investment was modest, the steady appreciation of the property over two decades significantly bolstered the family's long-term financial security.
From French appréciation. By surface analysis, appreciate + -ion.
Uncountable when referring to the general feeling of gratitude; countable when referring to a specific written or spoken assessment of something.