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appreciation

/əˌpɹiː.ʃiˈeɪ.ʃən/
Dictionary

noun

  • A fair valuation or estimate of merit, worth, weight, etc.; recognition of excellence.

    "We give to you this trophy as a token of our appreciation of all your years of service."

  • Accurate perception; true estimation.

    "an appreciation of colors"

  • A rise in value.

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