Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'appraised value'?

A. estimated value of some asset as of a given point in time
B. written estimate of the market value of something as of some point in time, typically provided by a qualified appraiser
C. activity involving the evaluation or estimation of the nature, quality, ability, or value of someone or something
D. party that evaluates or estimates the nature, quality, ability, or value of someone or something

Answer: estimated value of some asset as of a given point in time