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Appraisable

   Also found in: Legal 0.01 sec.
ap·praise  (-prz)
tr.v. ap·praised, ap·prais·ing, ap·prais·es
1. To evaluate, especially in an official capacity.
2. To estimate the quality, amount, size, and other features of; judge. See Synonyms at estimate.

[Middle English appreisen, possibly from Old French aprisier, from Late Latin appretire : Latin ad-, ad- + Latin pretium, price; see per-5 in Indo-European roots.]

ap·praising·ly adv.
ap·praisa·ble adj.
ap·praisement n.
ap·praiser n.
ap·praising·ly adv.


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Bundling this bad debt with "good" (repayable) debt in a new investment instrument was meant to disguise the bad debt, giving it apparent value by mixing it with good debt, but the actual result was to make the new investment instrument itself potentially valueless, since it no longer had appraisable value.
 
 
 
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