definition of
appreciation

[1] #1 appreciation n. [grasp, hold] understanding of the nature or meaning or quality or magnitude of something; "he has a good grasp of accounting practices". wn

[2] #2 appreciation n. [taste, discernment, perceptiveness] delicate discrimination (especially of aesthetic values); "arrogance and lack of taste contributed to his rapid success"; "to ask at that particular time was the ultimate in bad taste". wn

[3] #3 appreciation n. an expression of gratitude; "he expressed his appreciation in a short note". wn

[4] #4 appreciation n. [admiration] a favorable judgment; "a small token in admiration of your works". wn

[5] #5 appreciation n. an increase in price or value; "an appreciation of 30% in the value of real estate". wn