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Arbitrary Value

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Arbitrary Value
A value not linked to an asset or liability, but created solely for accounting purposes. Critics of capitalism contend that a disproportionate amount of the value the market creates is arbitrary, though others strongly dispute this. Arbitrary value is also called fictitious value.


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The LMP8358's gain can be set to an arbitrary value using two external resistors.
These alternate readings draw attention to the arbitrary values inherent to systems where quality and quantity become interchangeable, and lead to expressions of disenfranchisement.
2]; the parameter [epsilon] takes arbitrary values in the open-closed interval (0, 1].
 
 
 
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