Scottish National Dictionary (1700–)
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First published 1934 (SND Vol. I).
This entry has not been updated since then but may contain minor corrections and revisions.
APPRETIATION, APPRECIATION, n. Sc. law: “this term is applied to the valuing of poinded goods” (Green's Encycl. Law Scot. 1909).Sc. 1773 Erskine Inst. Law Scot. 516:
This double apprisement was introduced, that if the goods should happen to be estimated too low by the first appretiation, the debtor might have a chance of getting the mistake rectified by a second valuation.Sc. 1816 Scott Antiquary xli.:
Taking your service of plate . . . at a fair appreciation, in part payment of your accompt.