value ( values plural & 3rd person present) ( valuing present participle) ( valued past tense & past participle )
1 n-uncount The value of something such as a quality, attitude, or method is its importance or usefulness. If you place a particular value on something, that is the importance or usefulness you think it has.
also a N, usu with supp
Further studies will be needed to see if these therapies have any value..., Ronnie put a high value on his appearance. If something is of value, it is useful or important. If it is of no value, it has no usefulness or importance.
of value/of no value phrase v-link PHR
This weekend course will be of value to everyone interested in the Pilgrim Route...
2 verb If you value something or someone, you think that they are important and you appreciate them.
I've done business with Mr Weston before. I value the work he gives me... V n
As you are a valued customer, I am writing to you to explain the situation...
3 n-var The value of something is how much money it is worth.
The value of his investment has risen by more than $50,000..., The country's currency went down in value by 3.5 per cent... If something is of value, it is worth a lot of money. If it is of no value, it is worth very little money.
of value/of no value phrase v-link PHR
...a brooch which is really of no value..., It might contain something of value.
4 verb When experts value something, they decide how much money it is worth.
Your lender will then send their own surveyor to value the property... V n
I asked him if he would have my jewellery valued for insurance purposes... have n V-ed
Spanish police have seized cocaine valued at around $53 million. V-ed
5 n-uncount You use value in certain expressions to say whether something is worth the money that it costs. For example, if something is or gives good value, it is worth the money that it costs.
The restaurant is informal, stylish and extremely good value..., This wine highlights the quality and value for money of South African wines.
6 n-plural The values of a person or group are the moral principles and beliefs that they think are important.
with supp, oft with poss, supp N
The countries of South Asia also share many common values...
7 n-uncount Value is used after another noun when mentioning an important or noticeable feature about something.
The script has lost all of its shock value over the intervening 24 years...
In marketing, added value is something which makes a product more appealing to customers. (BUSINESS) n-uncount
book value ( book values plural ) In business, the book value of an asset is the value it is given in the account books of the company that owns it. (BUSINESS) n-count
The insured value of the airplane was greater than its book value.
1 n-sing The face value of things such as coins, paper money, investment documents, or tickets is the amount of money that they are worth, and that is written on them.
Tickets were selling at twice their face value.
2 If you take something at face value, you accept it and believe it without thinking about it very much, even though it might untrue.
at face value phrase PHR after v
Public statements from the various groups involved should not necessarily be taken at face value.
food value ( food values plural ) The food value of a particular food is a measure of how good it is for you, based on its level of vitamins, minerals, or calories. n-var
rateable value ( rateable values plural ) In Britain, the rateable value of a building was a value based on its size and facilities, which was used in calculating local taxes called rates. n-count
The replacement value of something that you own is the amount of money it would cost you to replace it, for example if it was stolen or damaged. n-sing
The street value of a drug is the price that is paid for it when it is sold illegally to drug users. (JOURNALISM) n-sing usu N of amount
...cocaine with a street value of two million pounds.
surrender value ( surrender values plural ) The surrender value of a life insurance policy is the amount of money you receive if you decide that you no longer wish to continue with the policy. (BUSINESS) n-count
value-added tax , value added tax
Value-added tax is a tax that is added to the price of goods or services. The abbreviation VAT is also used.
value judgment ( value judgments plural )
in BRIT, also use value judgement If you make a value judgment about something, you form an opinion about it based on your principles and beliefs and not on facts which can be checked or proved. n-count
Social scientists have grown extremely unwilling to make value judgments about cultures...
value system ( value systems plural ) The value system of a group of people is the set of beliefs and attitudes that they all share. n-count