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Definitions (45)
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abstract art
A 20th century style of painting in which nonrepresentational lines, colors, shapes, and forms replace the accurate visual depiction of objects, landscapes, and figures. Tangible subject matter often becomes unrecognizable as it is often stylized, blurred, repeated or broken down into basic forms; intangible subject matter such as thoughts, emotion [..]
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acid-free paper or canvas
Paper or canvas treated to neutralize its natural acidity in order to protect fine art and photographic prints from discoloration and deterioration.
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actual cash value
An insurance term defined as either market value or replacement cost less depreciation (depending on your jurisdiction). Depreciation, in this instance, typically refers to an incremental reduction in value based on age/life formulas commonly in use within the insurance industry. Actual cash value is usually established by the adjuster based on the [..]
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addendum
A required element of appraisal reports. The report’s addendum contains supporting documentation for information found in the appraisal report’s cover document and body, including, but not limited to, the appraiser’s qualifications, photographs, working bibliography, tests and reports proving authenticity or provenance, etc.
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american society of appraisers
The American Society of Appraisers is an organization of appraisal professionals. Each individual seeking accreditation from the American Society of Appraisers must furnish professional and personal references and be subject to local credit and background investigations. In addition, local chapters conduct personal interviews and evaluate the pract [..]
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appraisal
An estimate of the quantity, quality or value of something. The process through which conclusions of property value are obtained; also refers to the report that sets forth the process of estimation and conclusion of value.
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aquatint
Printing technique capable of producing unlimited tonal gradations to re-create the broad flat tints of ink wash or watercolor drawings by etching microscopic cracks and pits into the image on a master plate, typically made of copper or zinc. Spanish artist, Goya, used this technique.
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art nouveau
A style of painting, printmaking, architecture and decorative design developed in England in the 1880s. Art Nouveau, primarily an ornamental style, was not only a protest against the sterile Realism, but against the whole drift toward industrialization and mechanization, and the unnatural artifacts they produced. The style is characterized by the u [..]
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artist’s proof
Print intended for the artist’s personal use. It is common practice to reserve approximately ten percent of an edition as artist’s proofs, although this figure can be higher. An artist’s proofs can be distinguished by the abbreviations “A.P.” or “E.A.” (for the French term “épreuve d’artist”), commonly located on the lower left quadrant of the work [..]
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betterment
An insurance term that refers to the incremental increase in market value due to a repair or replacement, which renders the property more valuable than prior to damage or loss.
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