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The Collaborative International Dictionary of English v.0.48 (gcide)

Value \Val"ue\ (v[a^]l"[=u]), n. [OF. value, fr. valoir, p. p.
valu, to be worth, fr. L. valere to be strong, to be worth.
See {Valiant}.]
1. The property or aggregate properties of a thing by which
it is rendered useful or desirable, or the degree of such
property or sum of properties; worth; excellence; utility;
importance.
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Ye are all physicians of no value. --Job xiii. 4.
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Ye are of more value than many sparrows. --Matt. x.
31.
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Caesar is well acquainted with your virtue,
And therefore sets this value on your life.
--Addison.
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Before events shall have decided on the value of the
measures. --Marshall.
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2. (Trade & Polit. Econ.) Worth estimated by any standard of
purchasing power, especially by the market price, or the
amount of money agreed upon as an equivalent to the
utility and cost of anything.
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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. --M'Culloch.
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Value is the power to command commodities generally.
--A. L. Chapin
(Johnson's
Cys.).
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Value is the generic term which expresses power in
exchange. --F. A.
Walker.
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His design was not to pay him the value of his
pictures, because they were above any price.
--Dryden.
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Note: In political economy, value is often distinguished as
intrinsic and exchangeable. Intrinsic value is the same
as utility or adaptation to satisfy the desires or
wants of men. Exchangeable value is that in an article
or product which disposes individuals to give for it
some quantity of labor, or some other article or
product obtainable by labor; as, pure air has an
intrinsic value, but generally not an exchangeable
value.
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3. Precise signification; import; as, the value of a word;
the value of a legal instrument --Mitford.
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4. Esteem; regard. --Dryden.
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My relation to the person was so near, and my value
for him so great --Bp. Burnet.
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5. (Mus.) The relative length or duration of a tone or note,
answering to quantity in prosody; thus, a quarter note [?]
has the value of two eighth notes [?].
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6. In an artistical composition, the character of any one
part in its relation to other parts and to the whole; --
often used in the plural; as, the values are well given,
or well maintained.
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7. Valor. [Written also {valew}.] [Obs.] --Spenser.
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8.
(a) That property of a color by which it is distinguished
as bright or dark; luminosity.
(b) Degree of lightness as conditioned by the presence of
white or pale color, or their opposites.
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9. (Math.) Any particular quantitative determination; as, a
function's value for some special value of its argument.
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10. [pl.] The valuable ingredients to be obtained by
treatment from any mass or compound; specif., the
precious metals contained in rock, gravel, or the like;
as, the vein carries good values; the values on the
hanging walls.
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{Value received}, a phrase usually employed in a bill of
exchange or a promissory note, to denote that a
consideration has been given for it. --Bouvier.
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Value \Val"ue\ (v[a^]l"[=u]), v. t. [imp. & p. p. {Valued}
(v[a^]l"[=u]d); p. pr. & vb. n. {Valuing}.]
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1. To estimate the value, or worth, of; to rate at a certain
price; to appraise; to reckon with respect to number,
power, importance, etc.
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The mind doth value every moment. --Bacon.
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The queen is valued thirty thousand strong. --Shak.
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The king must take it ill,
That he's so slightly valued in his messenger.
--Shak.
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Neither of them valued their promises according to
rules of honor or integrity. --Clarendon.
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2. To rate highly; to have in high esteem; to hold in respect
and estimation; to appreciate; to prize; as, to value one
for his works or his virtues.
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Which of the dukes he values most. --Shak.
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3. To raise to estimation; to cause to have value, either
real or apparent; to enhance in value. [Obs.]
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Some value themselves to their country by jealousies
of the crown. --Sir W.
Temple.
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4. To be worth; to be equal to in value. [Obs.]
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The peace between the French and us not values
The cost that did conclude it. --Shak.
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Syn: To compute; rate; appraise; esteem; respect; regard;
estimate; prize; appreciate.
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