appreciation (
http://definr.com/appreciation)
n 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 over time; "an appreciation of
30% in the value of real estate" [ant:
depreciation]