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appreciate (v.)

1650s, "to esteem or value highly," from Late Latin appretiatus, past participle of appretiare "to set a price to," from ad "to" (see ad-) + pretium "price" (see price (n.)). Meaning "to rise in value" (intransitive) is by 1787; sense of "be fully conscious of" is by 1833. "Appreciate is to set a just value on; it implies the use of wise judgment or delicate perception" [Century Dictionary]. Related: Appreciated; appreciating.

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Definitions of appreciate from WordNet

appreciate (v.)
recognize with gratitude; be grateful for;
appreciate (v.)
be fully aware of; realize fully;
Do you appreciate the full meaning of this letter?
Synonyms: take account
appreciate (v.)
hold dear;
Synonyms: prize / value / treasure
appreciate (v.)
gain in value;
The yen appreciated again!
Synonyms: apprize / apprise / revalue
appreciate (v.)
increase the value of;
The Germans want to appreciate the Deutsche Mark
Synonyms: apprize / apprise
From wordnet.princeton.edu