Pronunciation: (u-prē'shē-āt"), [key]
—v., -at•ed, -at•ing.
to be grateful or thankful for: They appreciated his thoughtfulness.
1. to value or regard highly; place a high estimate on: to appreciate good wine.
2. to be fully conscious of; be aware of; detect: to appreciate the dangers of a situation.
3. to raise in value.
to increase in value: Property values appreciated yearly.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.