
Appraise
Financial Context
Often used when talking about the value of items, like jewelry or art.
The painting was appraised before the auction.
Expert Opinion
An appraisal usually requires a specialist's knowledge to determine value.
We called in a gemologist to appraise the diamonds.
Formal Process
Appraisals are formal assessments, often with legal or financial implications.
Insurance claims may require an official appraisal of damage.