Appraisal
Part of speech: noun
Definition: A judgment or assessment of the value of something, especially a formal one for loan or taxation purposes. A judgment or assessment of the professional performance of someone, especially a subordinate .
Example sentence: Ten years ago in Nairobi we said that the participation of women in the decision-making and appraisal processes of the United Nations was essential if the organization was to effectively serve women's interests.
Estimation
Part of speech: noun
Definition: The process of making an estimateThe amount, extent, position, size, or value reached in an estimateEsteem or favourable regard
Example sentence: In my estimation, there should always be a mixture of economic liberalism - which means small government, a great emphasis on markets - but also a certain degree of social conservatism, not to favor change unless that change is beneficial. So I describe myself as an economic liberal and a social conservative.