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value

Did you mean: value (in economics), Value in Use (in accounting), Value (in accounting), value, value (technology), color (in optics), Value (poker), Value (personal and cultural) More...

 
Dictionary: val·ue   (văl') pronunciation
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.
  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., -ued, -u·ing, -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).

[Middle English, from Old French, from feminine past participle of valoir, to be strong, be worth, from Latin valēre.]

valuer val'u·er n.

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Real Estate Dictionary: As Is Value
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An estimate or opinion of property in its current state, which may be in disrepair or scheduled for improvement.
Example: A building was appraised at its as is value, which reflected a reduction for its need of extensive repairs.
Example: Land was appraised at its as is value, rather than its prospective value if it were to be rezoned.

Measure of the statistical significance of an independent variable b in explaining the dependent variable y. It is determined by dividing the estimated regression coefficient b by its standard error Sb. That is

t-Value = b/Sb

Thus, the t-statistic measures how many standard errors the coefficient is away from zero. Generally, any t-value greater than +2 or less than - 2 is acceptable. The higher the t-value, the greater the confidence we have in the coefficient as a predictor. Low t-values are indications of low reliability of the predictive power of that coefficient.

Thesaurus: value
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noun

  1. A measure of those qualities that determine merit, desirability, usefulness, or importance: account, valuation, worth. See value/worthlessness/evaluation.
  2. A level of superiority that is usually high: caliber, merit, quality, stature, virtue, worth. See good/bad, value/worthlessness/evaluation.
  3. That which is signified by a word or expression: acceptation, connotation, denotation, import, intent, meaning, message, purport, sense, significance, significancy, signification. See meaning.

verb

  1. To make a judgment as to the worth or value of: appraise, assay, assess, calculate, estimate, evaluate, gauge, judge, rate1, size up, valuate. Idioms: take the measure of. See value/worthlessness/evaluation.
  2. To have a high opinion of: admire, consider, esteem, honor, regard, respect. Idioms: look up to, thinkhighlymuchwellof. See praise/blame.
  3. To recognize the worth, quality, importance, or magnitude of: appreciate, cherish, esteem, prize1, respect, treasure. Idioms: set store by. See praise/blame.

Antonyms: value
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n

Definition: advantage, worth
Antonyms: detriment, disadvantage


To acknowledge some feature of things as a value is to take it into account in decision making, or in other words to be inclined to advance it as a consideration in influencing choice and guiding oneself and others. Those who see values as ‘subjective’ think of this in terms of a personal stance, occupied as a kind of choice, and immune to rational argument (although often, and curiously, deserving some kind of reverence and respect). Those who think of values as objective suppose that for some reason—requirements of rationality, human nature, God, or other authority—choice can be guided and corrected from some independent standpoint. See also Euthyphro dilemma, projectivism, relativism, subjectivism.

 
value, in economics, worth of a commodity in terms of other commodities, or in terms of money (see price). Value depends on both desirability and scarcity. The marginal theory of value, pioneered in the late 19th cent. by Leon Walras, Stanley Jevons, and Carl Menger, has been highly influential in economics. It takes account of both scarcity and desirability by holding that the total value of a good depends on the utility rendered by the last unit consumed. It developed in opposition to David Ricardo's earlier labor theory of value, which holds that the value of a good derives from the effort of production, based on supply. Ricardo asserted that the cost of production can be reduced to the cost of labor, either paid in wages or used as capital, the physical means of production. In the marginal theory of value, there is an exchange value, as Ricardo postulated, but there is also a use value, which signifies the utility of a given commodity for satisfying a human desire. This distinction is equally important in Marxian economics. Marginal theory is fundamental to modern economics, because it points out that both supply and demand have an impact on the price of a commodity.

Bibliography

See M. H. Dobb, Theories of Value and Distribution Since Adam Smith (1975); M. Allingham, Value (1983); B. Fine, ed., The Value Dimension (1986).


Law Encyclopedia: Value
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This entry contains information applicable to United States law only.

The estimated or appraised worth of any object or property, calculated in money.

The word value has many meanings and may be used in different senses. Because value is usually a relative term, its true meaning must be determined by the context in which it appears.

Value sometimes expresses the inherent usefulness of an object and sometimes the power of purchasing other goods with it. The first is called value in use, the latter value in exchange. Value in use is the utility of an object in satisfying, directly or indirectly, the needs or desires of human beings. Value in exchange is the amount of commodities, commonly represented by money, for which a thing can be exchanged in an open market. This concept is usually referred to as market value.

Courts have frequently used the word value without any clear indication of whether it referred to value in use or market value. Generally, however, the courts and parties in civil actions are concerned with market value. Though courts may refer to salable value, actual value, fair value, reasonable value, and cash value, these terms are synonymous with market value.

Value is also employed in various phrases in business and commercial usage. The phrase actual cash value is used in insurance to signify the cost of purchasing new replacement property less normal depreciation, though it may also be determined by the current market value of similar property or by the cost of replacing or repairing the property. Cash surrender value is used in life insurance to refer to the amount that the insurer will pay the policyholder if the policy is canceled before the death of the insured.

Book value is the value at which the assets of a business are carried on the company's books. The book value of a fixed asset is arrived at by subtracting accumulated depreciation from the cost of the asset. Book value may also refer to the net worth of a business, which is calculated by subtracting liabilities from assets. Liquidation value is the value of a business or an asset when it is sold other than in the ordinary course of business, as in the liquidation of a business.

In the stock market, par value is the nominal value of stock; it is calculated by dividing the total stated capital stock by the number of shares authorized. Stated value is the value of no par stock established by the corporation as constituting the capital of the corporation.

See: fair market value.

Word Tutor: value
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pronunciation

IN BRIEF: To determine the worth of something or somebody.

pronunciation It is a great mistake to fancy oneself greater than one is, and to value oneself at less than one is worth. — Goethe.

Quotes About: Value
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Quotes:

"Nothing matters very much, and few things matter at all." - Arthur James Balfour

"Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense." - Buddha

"Price is what you pay. Value is what you get." - Warren Buffett

"The three most important things a man has are, briefly, his private parts, his money, and his religious opinions." - Samuel Butler

"That which costs little is less valued." - Miguel De Cervantes

"You will be as much value to others as you have been to yourself." - Marcus T. Cicero

See more famous quotes about Value

Wikipedia: Value
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Value may refer to:

See also


Translations: Value
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Dansk (Danish)
n. - værdi, valør
v. tr. - vurdere, værdsætte

idioms:

  • good value    godt køb
  • of no value    værdiløs
  • of value    værdifuld
  • value added tax    merværdiafgift; moms
  • value judgement    vurdering
  • value received    valuta modtaget

Nederlands (Dutch)
waarderen, taxeren, evalueren, een plaats geven in een taxonomie, waarde, prijs, belang, lengte van een muzieknoot, precieze betekenis/ gevoelswaarde, lichtheid

Français (French)
n. - valeur, prix, rapport (qualité-prix), (Math, Mus, Ling) valeur
v. tr. - évaluer, expertiser, apprécier, estimer, tenir à

idioms:

  • good value    (avoir) un bon rapport qualité-prix, (ne pas être) cher
  • of no value    sans valeur
  • of value    de valeur
  • value added tax    taxe à la valeur ajoutée, TVA
  • value judgement    jugement de valeur
  • value received    valeur reçue

Deutsch (German)
n. - Wert, Nutzen
v. - schätzen

idioms:

  • good value    seinen Preis wert
  • of no value    von keinerlei Nutzen, nichts wert sein
  • of value    von Nutzen
  • value added tax    Mehrwertsteuer
  • value judgement    Werturteil
  • value received    Wert erhalten

Ελληνική (Greek)
n. - αξία, (μαθ., φυσ.) τιμή, σημασία, έννοια, νόημα, τόνος
v. - εκτιμώ, λογαριάζω, υπολογίζω την αξία

idioms:

  • good value    καλή επένδυση
  • of no value    δεν αξίζω τίποτα, δεν προσφέρω καμία ωφέλεια
  • of value    είμαι πολύτιμος, έχω αξία
  • value added tax    φόρος προστιθεμένης αξίας (ΦΠΑ)
  • value judgement    υποκειμενική κρίση/εκτίμηση
  • value received    (τραπ.) εισπραχθείσα αξία συναλλαγματικής

Italiano (Italian)
stimare, valutare, apprezzare, tenere in gran conto, merito, valore

idioms:

  • good value    buon acquisto, buona spesa
  • of no value    di nessun valore
  • of value    di valore
  • value added tax    IVA
  • value judgement    giudizio di valore
  • value received    valuta

Português (Portuguese)
n. - valor (m), valia (f)
v. - avaliar, apreciar

idioms:

  • good value    de boa relação qualidade preço
  • of no value    sem nenhum valor
  • of value    de valor
  • value added tax    imposto de vendas e consignação
  • value judgement    avaliação
  • value received    quantia recebida

Русский (Russian)
ценность, стоимость, смысл, величина

idioms:

  • good value    интересный, занимательный
  • of no value    ничего не стоящий
  • of value    высоко оцениваемый
  • value added tax    налог на добавленную стоимость (НфС)
  • value judgement    субъективная оценка
  • value received    эквивалент получен (фраза в тексте тратты)

Español (Spanish)
n. - valor, precio
v. tr. - tasar, avaluar, apreciar, estimar, valorar

idioms:

  • good value    vale su precio
  • of no value    sin valor
  • of value    valioso
  • value added tax    impuesto al valor agregado, IVA
  • value judgement    juicio sobre cuestiones de principio
  • value received    valor recibido

Svenska (Swedish)
n. - värde, valör
v. - (högt) värdera

中文(简体)(Chinese (Simplified))
价值, 价格, 重要性, 评价, 重视, 估价

idioms:

  • good value    钱花得值得
  • of no value    没有价值
  • of value    有价值的
  • value added tax    增值税
  • value judgement    价值判断
  • value received    代价收讫, 已得代价

中文(繁體)(Chinese (Traditional))
n. - 價值, 價格, 重要性
v. tr. - 評價, 重視, 估價

idioms:

  • good value    錢花得值得
  • of no value    沒有價值
  • of value    有價值的
  • value added tax    增值稅
  • value judgement    價值判斷
  • value received    代價收訖, 已得代價

한국어 (Korean)
n. - 가치, 진가, 참뜻
v. tr. - 평가하다, 존중하다, ~의 가치 판단을 하다

日本語 (Japanese)
n. - 価値, 真価, 有用性, 価格, 等価, 真義, 音価, 評価, バリュー, 値, 意味
v. - 評価する, 尊重する, 価値を見る

idioms:

  • added value    付加価値
  • of no value    価値のない
  • of value    価値がある
  • value added tax    付加価値税
  • value judgement    価値判断
  • value received    受取額

العربيه (Arabic)
‏(الاسم) قيمه, سعر, ثمن (فعل) قيم, ثمن, قدر حق التقدير‏

עברית (Hebrew)
n. - ‮ערך, הערכה, חשיבות, שווי, תמורה, משך של תו, בהירות (בציור), יכולת ההשפעה של דבר כלשהו, משמעות (של מילה וכו'), איכות קול, עקרונות שאדם מאמין בהם לגבי ערך החיים‬
v. tr. - ‮העריך, אמד, הוקיר‬


Best of the Web: value
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Did you mean: value (in economics), Value in Use (in accounting), Value (in accounting), value, value (technology), color (in optics), Value (poker), Value (personal and cultural) More...

Learn More
fair market value
Future Value (finance term)
Objective Value (business term)

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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
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