The word for today is…
judgment (noun) – 1. (a) The act or process of judging; the formation of an opinion after consideration or deliberation.
(b) An opinion or estimate formed after consideration or deliberation, especially a formal or authoritative decision.
2. (a) The mental ability to perceive and distinguish relationships; discernment.
(b) The capacity to form an opinion by distinguishing and evaluating.
(c) The capacity to assess situations or circumstances and draw sound conclusions; good sense.
3. (Law) (a) A determination of a court of law; a judicial decision.
(b) A court decision establishing that an obligation is owed, such as a debt.
4. A misfortune believed to be sent by God as punishment for sin.
5. Judgment The Last Judgment.
Source : The Free Dictionary
Etymology : Judgment can also be spelled judgement, and usage experts have long disagreed over which spelling is the preferred one. Henry Fowler asserted that “the OED [Oxford English Dictionary] prefers the older & more reasonable spelling. Judgement is therefore here recommended….” William Safire held an opposite opinion, writing, “My judgment is that Fowler is not to be followed on his spelling of judgement.” Judgement is in fact the older spelling, but it dropped from favor and for centuries judgment was the only spelling to appear in dictionaries. That changed when the OED (Fowler’s source) was published showing judgement as an equal variant. Today, judgment is more popular in the U.S., whereas both spellings make a good showing in Britain.
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