What does appraise mean?
The definition of appraise
Ap*praise”, v. t.
[imp. & p. p. Appraised; p. pr. & vb. n.Appraising.]
Etym: [Pref. ad- + praise. See Praise, Price, Apprize, Appreciate.]

1 To set a value; to estimate the worth of, particularly by persons appointed for the purpose; as, to appraise goods and chattels.
2 To estimate; to conjecture. Enoch . . . appraised his weight. Tennyson.
3 To praise; to commend. [Obs.] R. Browning. Appraised the Lycian custom. Tennyson.

Note: In the United States, this word is often pronounced, and sometimes written, apprize.