appraisal

Plural: appraisals

Noun

• the classification of someone or something with respect to its worth
• a document appraising the value of something (as for insurance or taxation)
• an expert estimation of the quality, quantity, and other characteristics of someone or something
• The act or process of developing an opinion of value.
• A judgment or assessment of the value of something, especially a formal one.

Synonyms

assessment, estimate, estimation