'appraisal' originates from the Old French word 'appraisier,' where 'ap-' meant 'to' and 'preisier' meant 'to value.'

'appraisier' transformed into the Middle English word 'appraisen,' and eventually became the modern English word 'appraisal.'

Initially, it meant 'to set a price on something,' but over time it evolved into its current meaning of 'assessing value or quality.'