[uh-pree-shee-ey-shuh
n] 
| 1. | gratitude; thankful recognition: They showed their appreciation by giving him a gold watch. |
| 2. | the act of estimating the qualities of things and giving them their proper value. |
| 3. | clear perception or recognition, esp. of aesthetic quality: a course in art appreciation. |
| 4. | an increase or rise in the value of property, goods, etc. |
| 5. | critical notice; evaluation; opinion, as of a situation, person, etc. |
| 6. | a critique or written evaluation, esp. when favorable. |
appreciation
An increase in value, as of an asset.
Used to distinguish between securities that are likely to provide profits because of increases in price and those that provide dividend payments.