Ap*pre`ci*a"tion (?), n. [Cf. F.
appréciation.] 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.