Definition of value noun from the Oxford Advanced Learner's Dictionary

      

    value

     noun
    noun
    BrE BrE//ˈvæljuː//
     
    ; NAmE NAmE//ˈvæljuː//
     
    Cost and payment
     
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    how much something is worth
  1. 1  [uncountable, countable] how much something is worth in money or other goods for which it can be exchanged to go up/rise/increase in value to go down/fall/drop in value rising property values The winner will receive a prize to the value of £1 000. Sports cars tend to hold their value well. Synonymspricecost value expense worthThese words all refer to the amount of money that you have to pay for something.price the amount of money that you have to pay for an item or service:house prices How much are these? They don’t have a price on them. I can’t afford it at that price.cost the amount of money that you need in order to buy, make or do something:A new computer system has been installed at a cost of £80 000.value how much something is worth in money or other goods for which it can be exchanged:The winner will receive a prize to the value of £1 000. Especially in British English, value can also mean how much something is worth compared with its price:This restaurant is excellent value (= is worth the money it costs).price, cost or value?The price is what somebody asks you to pay for an item or service:to ask/​charge a high price to ask/​charge a high cost/​value. Obtaining or achieving something may have a cost; the value of something is how much other people would be willing to pay for it:house prices the cost of moving house The house now has a market value of one million pounds.expense the money that you spend on something; something that makes you spend money:The garden was transformed at great expense. Running a car is a big expense.worth the financial value of somebody/​something:He has a personal net worth of $10 million. Worth is more often used to mean the practical or moral value of something.Patterns the high price/​cost/​value the real/​true price/​cost/​value/​worth to put/​set a price/​value on something to increase/​reduce the price/​cost/​value/​expense to raise/​double/​lower the price/​cost/​value to cut the price/​cost see also market value, street value See related entries: Cost and payment
  2. 2  [uncountable] (especially British English) how much something is worth compared with its price to be good/excellent value (= worth the money it costs) to be bad/poor value (= not worth the money it costs) Larger sizes give the best value for money. They're only £40—not bad value, really. This great value-for-money offer is only available to society members. See related entries: Cost and payment
  3. being useful/important
  4. 3  [uncountable] the quality of being useful or important synonym benefit The value of regular exercise should not be underestimated. The arrival of canals was of great value to many industries. to be of little/no value to somebody This ring has great sentimental value for me. I suppose it has a certain novelty value (= it's interesting because it's new). food with a high nutritional value The story has very little news value.
  5. beliefs
  6. 4  values [plural] beliefs about what is right and wrong and what is important in life moral values a return to traditional values in education, such as firm discipline The young have a completely different set of values and expectations.
  7. mathematics
  8. 5 [countable] the amount represented by a letter or symbol Let y have the value 33.
  9. Word Familyvalue noun verbvaluable adjectiveinvaluable adjective (valueless)valuables noun Word Origin Middle English: from Old French, feminine past participle of valoir ‘be worth’, from Latin valere.Extra examples Dramatic developments on the stock market tripled the value of his shares. Evolutionary psychology does not make a value judgement about the way we behave. Families adhered to the values instilled by the church. He didn’t say anything of value. He places a high value on marriage. His published account of his travels is of dubious value to other explorers. I won’t compromise my artistic values. Is it the role of schools to foster spiritual values? It has an added value for native speakers of English. It’s hard to put a value on a company with large assets and turnover but low profits. Jewellery to the value of a million pounds was stolen last night. Many people question the social value of talk shows. Our products deliver value. Paintings to the value of two million euros were stolen last night. Pottery fragments are of great value to archaeologists. Regular servicing will add to the resale value of your PC. The land has dropped in value. The party’s election campaign emphasized its belief in family values. The piano has held its value. The real value of the book lies in its wonderful characterization. The stolen necklace only had sentimental value for her. They hold very middle-class values. They were accused of artificially inflating the value of the company’s securities. This would greatly enhance the value of the book as a resource for scholars. Though a little more expensive, the larger model gives better value for money. Use current market values to determine the worth of your assets. We began to recognize the value of advice from others. We need to be guided by our moral values. What shared values do you have with your friends? You can’t underestimate the value of networking. a common value system a movie with high production values a prevailing set of cultural values a program which demonstrates the value of education a residual value of 10% of its original cost a share with a nominal value of $50 a society that has failed to preserve its traditional values the cultural values shared by all the ethnic groups the dominant values of a society the high value of the dollar the nutritional value of eggs the principles and values embodied in the Constitution the rejection of parental values by a child Charter flights give very good value for money. I suppose it has a certain novelty value but you’ll soon get bored of it. London property values are rising fast. Most of his writings are of little real value. The arrival of canals was of great value to many industries. The house now has a market value of twice what we paid for it. The winner will receive a prize to the value of £1 000. This restaurant is excellent value. Tickets were changing hands at three times their face value. drugs with a street value of over £1 million
See the Oxford Advanced American Dictionary entry: value