"setting of a price, valuation," by 1784, American English, from appraise + -al (2). Figurative sense, "act of appraising" (originally a term of literary criticism) is from 1817. Appraisement is earlier (1640s).
apportionment
appose
apposite
apposition
appositive
appraisal
appraise
appraiser
appreciable
appreciate
appreciated