What is the difference between appraised and apprised?

Appraised is the simple past tense and past participle of the verb appraise, which means “set a value for” (e.g., “The house was appraised at $350,000”).

Apprised is the simple past tense and past participle of the verb apprise, which means “tell or inform” (e.g., “The president has been apprised of the situation”).

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