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The Definition of Value

September 9, 2010

val·ue   (vly)

n.

1. An amount, as of goods, services, or money, considered to be a fair and suitable equivalent for something else; a fair price or return.
2. Monetary or material worth: the fluctuating value of gold and silver.
3. Worth in usefulness or importance to the possessor; utility or merit: the value of an education.
4. A principle, standard, or quality considered worthwhile or desirable: “The speech was a summons back to the patrician values of restraint and responsibility” (Jonathan Alter).
5. Precise meaning or import, as of a word.
6. Mathematics An assigned or calculated numerical quantity.
7. Music The relative duration of a tone or rest.
8. The relative darkness or lightness of a color. See Table at color.
9. Linguistics The sound quality of a letter or diphthong.
10. One of a series of specified values: issued a stamp of new value.
tr.v. val·ued, val·u·ing, val·ues

1. To determine or estimate the worth or value of; appraise.
2. To regard highly; esteem. See Synonyms at appreciate.
3. To rate according to relative estimate of worth or desirability; evaluate: valued health above money.
4. To assign a value to (a unit of currency, for example).

Source: thefreedictionary.com/value

Filed Under: Uncategorized

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