value

noun

1. (countable, uncountable)The quality that renders something desirable or valuable; worth.

   “There is tremendous value in a good education.”

   “An abacus is of little value when you have an electronic calculator.”

   “United were value for their win and Rooney could have had a hat-trick before half-time, with Paul Scholes also striking the post in the second half.”

2. (uncountable)The degree of importance given to something.

   “The value of my children's happiness is second only to that of my wife.”

   “Okay, for the record, and this is probably obvious, those three departments do actually do things of value, assuming that you find Pell grants, mortgage insurance, low-income housing programs, the National Weather Service, the Patent and Trademark Office, and the Census Bureau to be of some value. And if it comes as news to you that that’s what those departments do, well then, hi Gary, I’m excited you’re watching the show.”

3. (countable, often, plural, uncountable)That which is valued or highly esteemed, such as one's morals, morality, or belief system.

   “He does not share his parents' values.”

   “family values”

   “WikiLeaks did not cause these uprisings but it certainly informed them. The dispatches revealed details of corruption and kleptocracy that many Tunisians suspected, […]. They also exposed the blatant discrepancy between the west's professed values and actual foreign policies.”

4. (countable, uncountable)The amount (of money or goods or services) that is considered to be a fair equivalent for something else.

   “The value of the stolen painting is estimated to be around four million pounds.”

   “An article may be possessed of the highest degree of utility, or power to minister to our wants and enjoyments, and may be universally made use of, without possessing exchangeable value.”

   “His design was not to pay him the value of his pictures, because they were above any price.”

   “Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.”

5. (countable, uncountable)The relative duration of a musical note.

   “The value of a crotchet is twice that of a quaver.”

6. (countable, uncountable)The relative darkness or lightness of a color in (a specific area of) a painting etc.

   “When pigments of equal value are mixed together, the resulting color will be a darker value. This is the result of subtraction.”

   “Shadows and light move very quickly when you are painting on location. Use Cobalt Blue to quickly establish the painting's values.”

7. (countable, uncountable)Any definite numerical quantity or other mathematical object, determined by being measured, computed, or otherwise defined.

   “The exact value of pi cannot be represented in decimal notation.”

8. (countable, uncountable)Precise meaning; import.

   “the value of a word; the value of a legal instrument”

   “Yet that learned and diligent annotator has , in a following note , shown his sense of the value of a passage of Livy , marking , in a few words , most strongly the desolation of Italy under the Roman republic”

9. (countable, in-plural, uncountable)The valuable ingredients to be obtained by treating a mass or compound; specifically, the precious metals contained in rock, gravel, etc.

   “The vein carries good values.”

   “the values on the hanging walls”

10. (countable, obsolete, uncountable)Esteem; regard.

    “The French have a high value for them ; and I confess they are often what they call delicate”

    “My relation to the person was so near, and my value for him so great.”

11. (countable, obsolete, uncountable)Valour.

    “Who ſoone prepard to field, his ſword forth drew, / And him with equall valew counteruayld: […]”

verb

1. To determine or estimate the value of; to judge the worth of.

   “I will have the family jewels valued by a professional.”

   “The property has been valued at six million pounds.”

   “Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.[…]But as a foundation for analysis it is highly subjective: it rests on difficult decisions about what counts as a territory, what counts as output and how to value it. Indeed, economists are still tweaking it.”

2. To regard highly; think much of; place importance upon.

   “Gold was valued highly among the Romans.”

   “I value his advice.”

3. To hold dear; to cherish.

   “I value these old photographs.”