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appreciate (verb) to be grateful; to have an understanding of; to recognize the good quality of; increase in value over a period.
When someone helps you, you appreciate their help; that is, you are grateful for their help. When you expect someone to understand your difficulties, you expect them to appreciate your difficulties. To appreciate also means, to recognize the value and importance of someone's work. If the team members acknowledge the contribution of one of the players to their team's success, they appreciate that team member. When we appreciate the services of a social service organization, we understand its value and importance. A thing, a piece of property, etc., appreciate, if over a period, its value in terms of money increases.
- Ann appreciated Dennis's ready response to her request for help in sorting out some of her financial problems.
- Real estate prices have steadily appreciated over the past two decades and those who have invested in it have profited a great deal.