This is the 2014th most frequent Chinese word.
认可
"Approval" or "recognition."
In this sentence, '认可' is used to mean 'approval' or 'acceptance', indicating agreement with the suggestion.
他对我的建议表示认可。
He expressed approval of my suggestion.
Here, '认可' refers to 'recognition' or 'acknowledgment' by the market, implying acceptance and approval.
这个产品得到了市场的广泛认可。
This product has gained widespread recognition in the market.
In this context, '认可' signifies the 'approval' or 'appreciation' by a superior, motivating continued effort.