definition of value

definition of value

In a formal appraisal, the bottom line—the statement with the appraiser's estimate of value,after all calculations,comparisons,and reconciliations.

References in periodicals archive ?
However prevalent or probable, distressed and non-distressed properties must be distinguished by the appropriate definition of value and comparable selection, even in the unlikely event there are no sales that comport to the dictates of the market value definition.
It recommends the development of an industry-wide definition of value taking into account more than just capital cost.
As a global leader in technology innovation, OPPO presents breakthrough smartphone features in the F9 such as the VOOC Flash Charging, Waterdrop Screen, 6GB RAM, Dual Rear Camera, and beautiful gradient body finish, which redefine the definition of value for money in its price segment.
The definition of value for money under the public procurement rules of federal and provincial government is same.
Insurers "voiced concern about the lack of existing evidence regarding what the definition of value in serving this diverse community of patients/members is," Goodman writes.
For value engineering to succeed, a more precise and appropriate definition of value is paramount.
First, the legal department's definition of value; Second, the law firm's understanding of, and ability to deliver, such value and; Third, return on investment.
Then one day as I walked into the office I happened to look at the J&J Credo, which is painted beautifully on the wall, and it occurred to me that the best definition of value creation lay within the Credo.
Since both versions of the definition of value cited above are formulated by Smith to express the same concept ("the value of any commodity" = "what the commodity is really worth"), it seems logical that both expressions--"the quantity of labour which it enables him to purchase or command" and "the toil and trouble which it can save to himself, and which it can impose upon other people"--are synonymous, the second expression being a metonymy of the first.
Although store brands and private label SKUs have long been purchased for price reasons -- and touted as such -- a broader definition of value has emerged in recent years.
Retailers need to constantly assess the definition of value across their consumer segments, too, and explore ways to deliver this through products and packaging, says Lacroix.
This definition of value provides for a specific buyer (investor) who may bring his or her own benefits and requirements to the transaction.