- value
- 1
noun (U)
1 MONEY (C, U) the amount of money that something is worth: The alterations doubled the value of the house. | increase/go down etc in value: Shares can go down as well as go up in value. | market value (=the amount of money that something can usually be sold for): We paid a price that was well above the market value. | of value (=worth a lot of money): The thieves took nothing of value. | street value (=the value of drugs when they are sold illegally) | hold its value (=continue to be worth the same amount of money): It's a beautiful carpet - it should hold its value.—see worth 12 be good/excellent etc value BrE also be (good) value for money used to say that you get a lot of something or that its quality is good, considering the price you pay for it—see cheap 23 be bad/poor etc value BrE used to say that you do not get much of something or its quality is not very good, considering the price you pay for it: I thought £10 for a record that only lasts 14 minutes was incredibly poor value.4 IMPORTANCE/USEFULNESS (U) the importance or usefulness of something: of great/little value: His research has been of little practical value. | sentimental value (=importance that something has for you because someone you like gave it to you, because it reminds you of the past etc)5 PRINCIPLES values (plural) your principles about what is right and wrong, or your ideas about what is important in life: Western liberal values6 AMOUNT (C) technical a mathematical quantity shown by a letter of the alphabet or sign: Let x have the value 25.7 MUSIC (C) the length of a musical note8 curiosity/novelty/snob etc value a quality something has that makes it seem interesting or desirable because it is different, new, or typical of high class people9 family values an expression meaning the belief that the family is very important, used especially by politicians—see also: face value 2 verb (T)1 to think that something is important to you: I value your advice. | a valued friend2 (usually passive) to decide how much money something is worth, by comparing it with similar things: value sth at: We decided to get the house valued. | Paintings valued at over $200,000 were stolen from her home.
Longman dictionary of contemporary English. 2004.