What context can I use each word in?
Learn when and how to use these words with these examples!
valuation
Example
The valuation of the company was higher than expected due to its recent success. [valuation: noun]
Example
The real estate agent conducted a valuation of the property before listing it on the market. [valuation: noun]
appraisal
Example
The manager conducted an appraisal of the employee's performance during the year. [appraisal: noun]
Example
The mechanic performed an appraisal of the car's engine to determine the cause of the problem. [appraisal: noun]
Good things to know
Which word is more common?
Appraisal is more commonly used than valuation in everyday language, as it covers a wider range of contexts and is not limited to financial or legal matters.
What’s the difference in the tone of formality between valuation and appraisal?
Valuation is typically associated with a formal and technical tone, while appraisal is more versatile and can be used in both formal and informal contexts.