What is the meaning of reconciliation?

1. The final step in an appraisal process, in which the appraiser reconciles the estimates of value received from the direct sales comparison, cost, and income approaches to arrive at a final estimate of market value for the subject property. 2. The balancing of entries in a double-entry accounting system. (See appraisal).

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APABarry Goldsmith. (2010). reconciliation. Retrieved September 23, 2026, from http://smartdefine.org/reconciliation/definitions/1161932
ChicagoBarry Goldsmith. 2010. "reconciliation" http://smartdefine.org/reconciliation/definitions/1161932 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, reconciliation, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/reconciliation/definitions/1161932>.
MLABarry Goldsmith. "reconciliation" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/reconciliation/definitions/1161932>
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