Definition of: appreciate

(ə·prē′shē·āt) v. ·at·ed, ·at·ing v.t.
1. To form an estimate of, as to quality, etc.
2. To estimate correctly or adequately.
3. To consider highly; be keenly aware of or sensitive to.
4. To show gratitude for.
5. To raise or increase the price or value of,
—v.i.
6. To rise in value. [ <L appretiatus, pp. of appretiare appraise < ad- to + pretium price] Synonyms: esteem, estimate, prize, value. A jeweler estimates an old ring as worth so much cash; the owner may value it beyond price, as a family heirloom, or he may prize it as the gift of an esteemed friend, without appreciating its commercial value. Antonyms: depreciate, despise, flout, misjudge, scorn, undervalue.