appraisal

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appraisal

 [ah-prāz´al]
the act of evaluating something.
health risk appraisal a systematic evaluation of factors in an individual, family, community, or other aggregate that might lead to illness or other health problems.
performance appraisal the evaluation of an employee or student, comparing his or her job-related behavior with a standard of expectations for performance.

appraisal

Graduate education (UK) The process of continuous monitoring of a trainee, focussing on exploring evidence of performance with the aim of helping the trainee to develop. Appraisal prepares the candidate for assessment.
MedspeakUK The process by which an employee’s performance is reviewed periodically against the requirements of the job. A continuous process of peer review of doctors and consultants, which includes 360º peer review, as well as competency-based, objectives-based, and trait-based appraisals, which are best maintained in an appraisal portfolio.
Appraisal must be transparent, fair, effective, and consistent with the principles of Good Medical Practice (GMC), clinical governance, and revalidation. Appraisal should be conducted objectively and based on accurate information; it should not be influenced by personal bias. Each consultant should be advised on what to expect from the appraisal and understand what the process is trying to achieve.
References in periodicals archive ?
Cottage owners did win three of the lots with competitive bids but they had to pay $36,000, $26,500, and $11,000 more than the appraised value.
Under the appraised value methodology, FINRA would require share value to be based on the valuation of the REITS' assets and liabilities.
23, 1945, by the Pulitzer Prize-winning Joe Rosenthal, were appraised at $2,500 to $5,000.
The servicer of the $225 million loan on the sprawling, rent-stabilized Harlem apartment complex reduced the appraised value of the loan to $196 million, $29 million less than the first mortgage, Trepp said.
But both these governmental bodies have been widely criticised for either being too slow to appraise new drugs - there can be an 18-month time-lag between when a drug is licensed and when it is appraised - or for putting cost ahead of potential clinical benefit.
After agreeing on what is going to be appraised, the next step is reducing the "agreement" to appraise a loss to writing.
Therefore, the office building with a 50% vacancy and consequently a lower appraised value will be viewed differently for financing than one which is 90% occupied--even if the building is identical in every other way.
The 80-foot mural, painted on several removable panels and appraised by Christie's auction house al seven figures, will be auctioned off to fund the cost of relocating the center.
And this value does not remain unaltered as if it were indivisible, yet fluctuates within the limits defined by the people's estimation, the same as happens with merchandise not appraised by law.
ONE POINT TO CONSIDER is whether you should choose coverage for replacement value or appraised value of your possessions.
Lenders and borrowers need to be aware of these changes, which have substantially influenced the appraised value of inventory, equipment and other assets used to secure debt.
Patents are intellectual property (IP) that may need to be appraised for accounting, tax, litigation and transactional purposes in situations that include divorce or bankruptcy actions, estate settlements, sales of businesses and company mergers (which might require valuing portfolios of inventions).