This is a limited preview — please sign in or subscribe to learn everything we know about the term “appraisal”.

appraisal

noun

Definitions of appraisal

  • (US) a fair determination of what a piece of land is worth in the current market

    "Before giving final approval of your mortgage (=loan), the bank will conduct an appraisal of the property."

Phrase Bank for appraisal

Additional Notes for appraisal

Discounts for lawyers and law firms

Save time and money for you and your clients with our unique knowledge base.

Learn more

Improve your Legal English skills

Try the sample and preorder our digital coursebook, the English for Law at a big discount!

Try the sample unit!
TransLegal