appreciation

Noun

• an increase in price or value
  • an appreciation of 30% in the value of real estate
    

• a favorable judgment
  • a small token in admiration of your works
    

• an expression of gratitude
  • he expressed his appreciation in a short note
    

• delicate discrimination (especially of aesthetic values)
  • arrogance and lack of taste contributed to his rapid success
    
  • to ask at that particular time was the ultimate in bad taste
    

• understanding of the nature or meaning or quality or magnitude of something
  • he has a good grasp of accounting practices
    

Related words

• Synonyms: 
  admiration , taste , discernment , perceptiveness , grasp , hold