appreciation

Appreciation is growth in the price or worth of something. (noun)

If a house costs more today that it did 10 years ago, that is an example of the appreciation of the house.

Appreciation refers to the recognition or admiration of something. (noun)

Holding something in high regard, like a work of art, is an example of having an appreciation of it.

Appreciation refers to feelings of thankfulness. (noun)

Receiving an award from a charity for your work is an example of receiving an award as appreciation of your work.

See appreciation in Webster's New World College Dictionary

noun

the act or fact of appreciating; specif.,
1. proper estimation or enjoyment
2. grateful recognition, as of a favor
3. sensitive awareness or enjoyment, as of art
a judgment or evaluation
☆ a rise in value or price

See appreciation in American Heritage Dictionary 4

(ə-prēˌshē-āˈshən)

noun

Recognition of the quality, value, significance, or magnitude of people and things.
A judgment or opinion, especially a favorable one.
An expression of gratitude.
Awareness or delicate perception, especially of aesthetic qualities or values.
A rise in value or price, especially over time.

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