value


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Value

A measure of worth. Value is generally expressed in monetary terms. For example, the value of a house may be $100,000. Generally, the value of a product depreciates over time, though it sometimes appreciates instead (notably in real estate). How easily one can sell a product for its value helps determine how liquid the product is.

value

the money worth of a PRODUCT or ASSET. Value is measured in terms of the PRICE which buyers are prepared to pay for the product or asset. The amount which they are prepared to pay depends upon the benefits which they expect to derive from consuming or owning the item. See PRICE-QUALITY TRADEOFF, PSYCHOLOGICAL PRICING, VALUE CREATED MODEL, CONSUMER SURPLUS.

value

the money worth of an ASSET or PRODUCT. Early economists such as Adam SMITH and David RICARDO suggested that the value of an asset or product depended upon the amount of LABOUR needed to produce it, while later economists like William JEVONS emphasized that the UTILITY of a product to a consumer determined its value. Nowadays, economists accept that both supply and demand factors are important in determining the value of a product, by establishing a MARKET PRICE for it. See also CONSUMERS’ SURPLUS, VALUE ADDED, PARADOX OF VALUE.

value

The worth of all rights arising from ownership of property.

References in periodicals archive ?
The gifts were not listed in the AA in terms of percentages of MIL interests, but defined in terms of dollar amounts of MILs net fair market value (FMV).
The [tau] value of 0.11 with a probability value of 0.16 (0.11/0.16) shows a weak positive correlation between the auditory preference and whether the student "liked" lecture.
FAS 157 provides this new definition of fair value: "Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date."
The market capitalization of the average company on the New York Stock Exchange is five times the value of the book assets.
How did Company C's value proposition differ from the other companies to allow it to win the project?
Market value (in place) represents a professional opinion of the estimated most probable price expressed in terms of cash in U.S.
ERM focuses on managing a firm's total risk in order to maximize the firm's value. For an insurer, firm value has two components.
However, determining the value of your company can be a messy numbers game.
PE managers always have had difficulty estimating the fair value of investments.
unless the prospect does not value the attributes that determine the price.
Like it or not this rowing orientation is shifting the definition of the "business" institutions of higher education are in, from inputs to outcomes and value creation.
James Burton explained in his amazing book Pentagon Wars, the guys involved with the development of the F-16 understood and embraced the value of Tiny in a big way.