appreciation · noun U /əˌpriː.ʃiˈeɪ.ʃən/Full view
Nouns: appreciation
Adjectives: appreciable, appreciative
Verbs: appreciate
Adverbs: appreciatively
B2 when you understand how good something or someone is and are able to enjoy them
Dictionary examples:

You've done so much to help us so, to show our appreciation, we've bought you a little gift.

The crowd cheered in appreciation.

Children rarely show any appreciation of/for what their parents do for them.

My appreciation of art has increased as I've got older.

Learner example:

To show our appreciation, we would also like to invite you to dinner afterwards at the Red Baron. (First Certificate in English; B2; Swedish)

Cambridge University Press