# Arbitrary Value

(redirected from Fictitious Values)

## 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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References in classic literature ?
"You are pleased to set an altogether fictitious value upon half bottle of brandy we have left," he said.
Whether from commiseration for a woman of so miserable a destiny; or from the morbid curiosity that gives a fictitious value even to common or worthless things; or by whatever other intangible circumstance was then, as now, sufficient to bestow, on some persons, what others might seek in vain; or because Hester really filled a gap which must otherwise have remained vacant; it is certain that she had ready and fairly equited employment for as many hours as she saw fit to occupy with her needle.
So, if people that share a collective identity created in less than one hour didn't give in to the fictitious values and beliefs of another one, what makes you think that you have a chance to make someone, who has lived all his life in an environment and in the midst of relationships totally different from yours, give in to you?
Meshless techniques maintain the local character of the numerical implementation, by using a local interpolation to represent the trial function with the fictitious values of the unknown variable at some randomly located nodes.
Needless to say, the contrast between this accomplishment and those fictitious values espoused, as well as defended, in Abu Ghraib and GuantEaAinamo prisons are startling.
The sample selection uses a good deal of judgmental sampling so it is important to create fictitious values that will not arouse the auditor's suspicion.
It is convenient, however, to extend both functions to the entire range of 0 [is less than] x [is less than] n by assigning the fictitious values of y1(0) = S' and y2(n)= T'.

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