Appraisal

When a knowledgeable person makes an estimate of an asset’s value that is an appraisal.

When people want to sell their homes they will often have a licensed realtor tell them what the property is worth. When someone wants to sell their business, they will often have a business appraisal specialist tell them the market value of the company. These are examples of appraisals.

https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/appraisal/