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From The Collaborative International Dictionary of English v.0.44 [gcide]:
Appreciation \Ap*pre'ci*a"tion\, noun [Cf. F. appr['e]ciation.]
1. A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.
2. Accurate perception; true estimation; as, an appreciation of the difficulties before us; an appreciation of colors.
His foreboding showed his appreciation of Henry's character. --J. R. Green.
3. A rise in value; -- opposed to {depreciation}.
From WordNet (r) 2.0 [wn]:
appreciation
noun
1: understanding of the nature or meaning or quality or magnitude of something; "he has a good grasp of accounting practices" [syn: {grasp}, {hold}]
2: 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" [syn: {taste}, {discernment}, {perceptiveness}]
3: an expression of gratitude; "he expressed his appreciation in a short note"
4: a favorable judgment; "a small token in admiration of your works" [syn: {admiration}]
5: an increase in price or value; "an appreciation of 30% in the value of real estate" [ant: {depreciation}]
From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:
180 Moby Thesaurus words for "appreciation": acceptance, access, accession, accretion, accrual, accruement, accumulation, acknowledgment, addition, admiration, admission, adoration, advance, aggrandizement, allowance, amplification, analyzing, apotheosis, apperception, appraisal, appraisement, appraising, appreciation of differences, appreciativeness, approbation, approval, artistic judgment, ascent, assessing, assessment, augmentation, avowal, awareness, awe, ballooning, bloating, blurb, boom, boost, breathless adoration, broadening, buildup, cognition, cognizance, commendation, comprehension, concession, confession, connoisseurship, consciousness, consideration, courtesy, crescendo, critical niceness, criticalness, declaration, deference, deification, delicacy, development, discriminating taste, discriminatingness, discrimination, discriminativeness, duty, edema, elevation, enhancement, enjoyment, enlargement, esteem, estimate, estimation, evaluating, evaluation, evaluative criticism, exaggerated respect, expansion, extension, fastidiousness, favor, feel, feeling, fine palate, finesse, flood, gain, gauging, good word, gratefulness, gratitude, great respect, greatening, growth, gush, hero worship, high regard, hike, homage, honor, honorable mention, hype, idolatry, idolization, increase, increment, inflation, insight, judiciousness, jump, knowledge, leap, making distinctions, measurement, mindfulness, mounting, multiplication, niceness of distinction, nicety, noesis, note, notice, obligation, opinion, palate, perception, plug, prestige, productiveness, profession, proliferation, promotion, puff, raise, ranking, rating, realization, reckoning, recognition, refined discrimination, refined palate, refinement, regard, respect, reverence, reverential regard, rise, salvo, selectiveness, sense, sense of obligation, sensibility, sensitivity, snowballing, spread, subtlety, surge, swelling, tact, tactfulness, taste, thankfulness, thanks, tribute, tumescence, understanding, up, upping, upsurge, upswing, uptrend, upturn, valuation, valuing, veneration, view, waxing, weighing, widening, worship
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