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Extrinsic Value |
Also found in: Wikipedia | 0.01 sec. |
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Extrinsic Value The value of an asset that occurs by mutual agreement. Fiat money, for example, has value because everyone in an economy agrees that it has value, even though the paper on which it is printed does not have any more value than other paper. The line between extrinsic and intrinsic value is sometimes blurry. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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