What does "appreciation" mean?

1. (gratitude) a feeling of being thankful for something someone has done. 2. (understanding value) the ability to understand why something is good, beautiful, or important. 3. (increase in value) an increase in the price or value of something over time.

appreciation

US //əˌpɹiʃiˈeɪʃən// UK //ɐpɹˌiːʃɪˈeɪʃən// ap·pre·ci·a·tion

1 gratitude (n.)
B1 Intermediate

a feeling of being thankful for something someone has done.

the expression of gratitude or a feeling of being thankful.

Example

The teacher smiled in appreciation when the students gave her a thank-you card.

Example

The company hosted a formal dinner as a token of appreciation for the staff's tireless efforts during the merger.
- ingratitude
2 understanding value (n.)
B2 Upper Intermediate

the ability to understand why something is good, beautiful, or important.

the recognition and enjoyment of the good qualities of someone or something.

Example

Living in the city gave him a new appreciation for the quiet of the countryside.

Example

The course is designed to foster a deeper appreciation of classical music by exploring the historical context of major compositions.
- disregard
- neglect

Show 1 more senseShow fewer

3 increase in value (n.)
C1 Advanced Academic Technical

an increase in the price or value of something over time.

an increase in the value of an asset over time, often used in financial or real estate contexts.

Example

The appreciation of house prices in this area has made it hard for young people to buy.

Example

Investors were pleased with the steady capital appreciation of their portfolio despite the overall volatility of the market.
- depreciation

Origin

From French appréciation. By surface analysis, appreciate + -ion.