Appreciation (增值zēngzhí) refers to the increase in monetary value over time. It is a relative concept, i.e. there is an increase in the value of the property relative to the others. An example is the rise of the value of one currency to another.
- Appreciation (增值 zēngzhí) as in capital appreciation (资本增值 zīběn zēngzhí; 增 zēng, increase; 值zhí, value).