Horrify, holding wrong sari in evaluation (9)
I believe the answer is:
appraisal
'evaluation' is the definition.
(I've seen this before)
'horrify holding wrong sari' is the wordplay.
'horrify' becomes 'appal' (synonyms).
'holding' indicates putting letters inside.
'wrong' indicates an anagram.
'sari' with letters rearranged gives 'rais'.
'appal' enclosing 'rais' is 'APPRAISAL'.
'in' acts as a link.
(Other definitions for appraisal that I've seen before include "rating" , "Evaluation - price survey" , "valuation" , "Formal assessment of an employee's performance" , "Evaluation - papal airs (anag)" .)