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Definition

appreciate verb (VALUE)

/əˈpriː.ʃi.eɪt/ v
[T] to recognize or understand that something is valuable, important or as described
There's no point buying him expensive wines - he doesn't appreciate them.
We appreciate the need for immediate action.
[+ that ] I appreciate that it's a difficult decision for you to make.
[+ question word] I don't think you appreciate how much time I spent preparing this meal.

I/We appreciate...

used when you are thanking someone or showing that you are grateful
We really appreciate all the help you gave us last weekend.
[+ -ing verb] I appreciate your making the effort to come.

would appreciate

used when you are politely requesting something
I would appreciate it if you could let me know (= Please let me know) in advance whether or not you will be coming.

(Definition of appreciate verb (VALUE) from the Cambridge Advanced Learner's Dictionary)

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