A Judgement is a Term, in a context, observed to have a property.
Observation makes things visible; Judgement makes them accountable. A Judgement formalizes the triadic judgement structure: a specific Term, in a specific context, observed to have a specific property. It relates observations to contexts and ensures evaluation respects those judgements — closing the gap between raw observations and the semantic orderings that follow.
The triadic structure — what is observed, where, and as what — is the minimal form needed to make an observation revisitable. Without all three elements, the observation cannot be compared with other observations or built upon.
Judgements stand in relations to each other — some say more than others, some overlap, some are independent. These relations force Order.