the GNU version of the Collaborative International Dictionary of English
n. The act of setting the value; valuation by an appraiser; estimation of worth.
The Century Dictionary and Cyclopedia
n. The act of setting a value upon, under some authority or appointment; appraisal. It generally implies resort to the judgment of a disinterested person.
n. The rate at which a thing is valued; the value fixed, or valuation; estimation generally.
Word Usage
"But while the large number of people are the masters so far as immediate appraisement is concerned, a different and small number of people make the ultimate appraisement."