Exchange Value


Also found in: Legal, Wikipedia.

Exchange Value

The theoretical value of a commodity if it were to be traded. In Marxist economics, this is similar to but distinct from the concept of price, which is a money value of a commodity in a transaction. It differs from use value in that use value measures quality while exchange value measures quantity.
References in periodicals archive ?
That it must take place as a market process follows from Mises's regression theorem.: the value of a good as a medium of exchange presupposes an already existing objective exchange value which can only come from demand for it based on its use value (Mises 2016, 60).
As per the offer, customers will enjoy assured exchange values of up to RO8,110.
The offer, which is valid until March 15, allows customers to trade-in a vehicle of any make and model for a new Jeep with an assured exchange value between OMR 1,800 and OMR 8,100, or replace the trade-in for cash gifts between OMR 1,400 and OMR 7,100 on selected models.
The large trade and current account deficits indicate that the demand for dollars has far exceeded their supply, which has sharply driven down the exchange value of the rupee.
DasCoin is a better way to store and exchange value and is the next step in the evolution of money.
He demanded that the State Bank of Pakistan (SBP) should intervene and freeze the exchange value of the rupee against the US dollar.
Beyond 2017, the forecast for real GDP growth was revised up, reflecting a reassessment of the recently enacted tax cuts, along with higher projected paths for equity prices and foreign economic growth and a lower assumed path for the foreign exchange value of the dollar.
However, there is still no universal platform where producers and consumers of this asset class can connect directly and exchange value. This creates an inefficient system ruled by middlemen who provide little to no value and charge high fees, resulting in less money going to the production of these assets and the implementation of environmental sustainability solutions that leverage them.
So far around 1.6 million individuals have obtained booking code out of which around 40 percent have received fresh cash from the above branches against surrender of exchange value. Given the capacity of the bank branches to handle customers, we expect that the service will reach its maximum limit of bookings in few days and further bookings will be not possible thereafter.
The exchange value in this context is established by the market.
Throughout the year, the channel continued to benefit from the 9% VAT rate that applies to Ireland's service industries, while inbound tourism arrivals recorded unprecedented growth of 12% in 2015, aided by weakening exchange value of the euro in comparison with the US dollar and sterling, which encouraged rivals from two of Ireland's largest...
The RBI informed all the banks in Mumbai region not to issue such notes if found in stock and to provide exchange value to the customer who approaches with such a note, if it is otherwise genuine.