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 ?
In addition to this, every consumer who opts in for the exchange offers to buy a LeEco Superphone will get an additional exchange value of Rs 2,000 for availing the product exchange option.
Slow demand among foreign tourists is expected to remain a feature of watches in Switzerland during the early stages of the forecast period due to the strong exchange value of the Swiss franc.
Now an exchange value of ` 1600 per litre of plasma has been fixed and the blood banks with surplus plasma can exchange it for consumables, equipments or plasma derived products, as per their need.
First, we have the use-value land, which has no value, and the exchange value rent: here, then, a social relation, conceived as a thing, is placed in a relationship of proportion with nature; i.
We are heading towards a world where millions of corporate and individualised currencies will be part of a single market, and once their relative exchange value is fixed in real time, the days for individual currency will be over," predicts boss of virtual currency company
1) Unlike most preparation programs, which focus primarily on increasing the usefulness of its services (Labaree, 2004), TFA increases members' use and exchange value.
BEMO Saudi Fransi Bank came ahead among the listed companies' shares in terms of exchange value, followed by Syria International Islamic Bank.
7m shares of ViewCast Common Stock, representing an exchange value of USD0.
In this work, Pack (economics, Connecticut College) offers an exploration of the theoretical systems of Aristotle, Adam Smith, and Karl Marx, organized with little deviation around "six key concepts: exchange value, money, capital; character, government and change.
Abdul Basir linked the price escalation in Kabul to trends in the international market, where gold prices touched an all-time high last week because of a fall in the exchange value of the greenback.
The exchange will be at a 32% discount from the par value of the convertible debt, resulting in an exchange value for of USD4.
That story, interestingly enough, was his most obviously Marxist-inflected short story, the aptly named Exchange Value.