Appreciate Legal Meaning and Definition

Here is a simplified definition of the legal term Appreciate.

Appreciate (verb): In a legal context, 'appreciate' generally refers to the understanding or recognition of something, such as the impact of a law or ruling, or the importance of a fact or piece of evidence. For example, when reviewing a contract, a party might "appreciate" its terms and conditions before deciding to agree to them. (Note: the term "Appreciate" does not directly relate to the example given about employment contracts.)