value
1val·ue
noun \ˈval-(ˌ)yü\Definition of VALUE
1
: a fair return or equivalent in goods, services, or money for something exchanged
2
: the monetary worth of something : market price
3
: relative worth, utility, or importance <a good value at the price> <the value of base stealing in baseball> <had nothing of value to say>
4
: a numerical quantity that is assigned or is determined by calculation or measurement <let x take on positive values> <a value for the age of the earth>
5
: the relative duration of a musical note
6
a : relative lightness or darkness of a color : luminosity b : the relation of one part in a picture to another with respect to lightness and darkness
7
: something (as a principle or quality) intrinsically valuable or desirable <sought material values instead of human values — W. H. Jones>
Examples of VALUE
- The company's stock continues to decline in value.
- Real estate prices have doubled in value over the last decade.
- The difference in value between the two currencies is not significant.
- You may exchange the item for something of equal value.
- We sold the home for less than its full value.
- an increase in the value of the dollar
- The home has a value of $1,000,000.
- Property values tend to rise as interest rates fall.
- The store advertises great values.
- No one can deny the value of a good education.
Origin of VALUE
Middle English, worth, high quality, from Anglo-French, from Vulgar Latin *valuta, from feminine of *valutus, past participle of Latin valēre to be of worth, be strong — more at wield
First Known Use: 14th century
Related to VALUE
- Antonyms
- deficiency, demerit, disvalue
Other Economics Terms
2value
transitive verbval·uedval·u·ing
Definition of VALUE
1
Examples of VALUE
- She values the time she spends with her family.
- The items are highly valued by collectors.
- The herbs are valued for their medicinal properties.
First Known Use of VALUE
15th century
Related to VALUE
- Synonyms
- appreciate, cherish, prize, treasure, love
- Antonyms
- disvalue
See Synonym Discussion at estimate, appreciate
Other Economics Terms
Learn More About VALUE
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