Appraisal is a written estimation of the value of property or the extent of damage. Damage appraisals may be completed by an insurance adjuster, vehicle repair specialist or body shop estimator.

Webster Dictionary Meaning

1. Appraisal
- A valuation by an authorized person; an appraisement.
Share it:  Cite

More from this Section

  • PZEV
    PZEV is partial zero emission vehicle. A vehicle that has zero evaporative emissions and ...
  • Conditions
    Conditions is the portion of the insurance contract that outlines the duties and responsibilities ...
  • Self-insurance fund
    Self-insurance fund is a special fund of cash and marketable securities that will be used ...
  • Resolution
    Resolution in microscopy, the smallest distance by which two obje3cts can be separated ...
  • Financial Manager
    Financial Managers are those who plan, organize, direct, control and evaluate the operation ...