D defs.my
Entry 3 senses Webster, 1913

Appreciation

/əp-rēshˌ-ē-āsh'-ən/ · Ap·pre·ci·a·tion · IPA /əˌpɹi.ʃiˈeɪ.ʃən/
01 n. A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.
  1. 1.
    A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.
  2. 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. 3.
    A rise in value; -- opposed to depreciation.