appreciation >> /əˌpriʃiˈeɪʃ(ə)n/
Definition: [noun] Recognition and enjoyment of the good qualities of someone or something.
Example: I smiled in appreciation
Definition: [noun] A full understanding of a situation.
Example: the bank's lack of appreciation of their problems
Definition: [noun] Increase in monetary value.
Example: the appreciation of the franc against the dollar