Appreciation

Ap·pre·ci·a·tion

Appreciation

n.
  1. A just valuation or estimate of merit, worth, weight, etc.; recognition of excellence.
  2. Accurate perception; true estimation; as, an appreciation of the difficulties before us; an appreciation of colors.
    His foreboding showed his appreciation of Henry's character.
    — J. R. Green.
  3. A rise in value; -- opposed to depreciation.