Appraisement - Definition - Law Dictionary Home Dictionary Definition appraisement

Definition :

Appraisement [fr. apprecier prix, Fr., pretium, Lat.], the act of valuing property, goods, furniture, etc. As to appraisement, if required by tenant or by owner of the goods, before selling under a distress for rent, see DISTRESS. Appraisement of a ship is sometimes ordered by the Admiralty Division of the High Court, see R.S.C. Ord. LI., Part III., and also generally before sale of any property by order of the Court.