The Collaborative International Dictionary of English v.0.48:

Evaluation \E*val`u*a"tion\, n. [Cf. F. ['e]valuation, LL.
   evaluatio.]
   Valuation; appraisement. --J. S. Mill.
   [1913 Webster]

WordNet (r) 3.0 (2006):

evaluation
    n 1: act of ascertaining or fixing the value or worth of [syn:
         evaluation, rating]
    2: an appraisal of the value of something; "he set a high
       valuation on friendship" [syn: evaluation, valuation,
       rating]

The Free On-line Dictionary of Computing (19 January 2023):

evaluation

    1. Converting an expression into a value using
   some reduction strategy.

   2. The process of examining a system or system component to
   determine the extent to which specified properties are
   present.

   (1996-05-13)