Meaning of VALUE in English

VALUE

I. val ‧ ue 1 S2 W1 /ˈvæljuː/ BrE AmE noun

[ Word Family: noun : ↑ valuables , ↑ value , values, ↑ valuation , ↑ valuer , ↑ overvaluation ≠ UNDERVALUATION , ↑ devaluation ; adjective : ↑ valuable , ↑ invaluable , overvalued ≠ UNDERVALUED , ↑ valueless , ↑ valued ; verb : ↑ value , ↑ devalue , ↑ overvalue ≠ ↑ undervalue ]

[ Date: 1300-1400 ; Language: Old French ; Origin: Vulgar Latin valuta , from Latin valere ; ⇨ VALOR ]

1 . MONEY [uncountable and countable] the amount of money that something is worth

value of

The alterations doubled the value of the house.

2 . WORTH THE MONEY PAID [uncountable and countable] used to say that something is worth what you pay for it, or not worth what you pay for it

good/poor value (for money) British English a good/poor value American English :

The lunch special is really good value.

At only £45 a night, the hotel is great value for money.

value for money British English (=good value, or the quality of being good value)

Every customer is looking for value for money.

3 . IMPORTANCE/USEFULNESS [uncountable] the importance or usefulness of something

value of

A group of athletes spoke to the students about the value of a college education.

the nutritional value of cereal

be of great/little value

His research has been of little practical value.

place/put a high value on something

The Sioux Indians placed a high value on generosity.

The locket has great sentimental value (=importance because it was a gift, it reminds you of someone etc) .

4 . of value

a) worth a lot of money:

The thieves took nothing of value.

b) useful:

I hope this book will be of value to both teachers and students.

5 . INTERESTING QUALITY shock/curiosity/novelty etc value a good or interesting quality that something has because it is surprising, different, new etc:

After the initial curiosity value, the product’s sales dropped considerably.

6 . IDEAS values [plural] your ideas about what is right and wrong, or what is important in life:

a return to traditional values

Your attitudes about sex are affected by your religious and moral values.

⇨ ↑ family values

7 . AMOUNT [countable] technical a mathematical quantity shown by a letter of the alphabet or sign:

Let x have the value 25.

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COLLOCATIONS (for Meaning 1)

■ verbs

▪ increase/rise/go up in value

The dollar has been steadily increasing in value.

▪ fall/go down in value

There is a risk that the shares may fall in value.

▪ double in value

The house doubled in value over two years.

▪ put a value on something (=say how much it is worth)

It’s hard to put a value on something so unusual.

▪ the value of something increases/rises

The value of the land had increased by $2m.

▪ the value of something falls

The value of your investment may fall.

▪ something holds its value (=its value does not fall over time)

Good quality furniture should hold its value.

■ ADJECTIVES/NOUN + value

▪ high

You should insure any goods of high value.

▪ low

The low value of the dollar will benefit tourists.

▪ the market value (=the amount something can be sold for)

The mortgage is more than the house’s current market value.

▪ the monetary/cash value (=the value of something in money)

They made an attempt to assess the cash value of the contract.

▪ face value (=the value printed on something)

The tickets are selling for far more than their face value.

▪ the real value (=its value after considering inflation)

The real value of their salaries has fallen.

▪ the street value (=the amount that users will pay for illegal drugs)

Drugs with a street value of £1,600 were found in the car.

▪ property/land values

Property values have fallen sharply.

■ phrases

▪ a fall/drop in value

There was a sudden drop in the value of oil.

▪ a rise/increase in value

We saw a rapid increase in the land’s value.

■ COMMON ERRORS

► Do not say ' something is value ' or ' something is very value '. Say something is good value or something is very good value .

• • •

COLLOCATIONS (for Meaning 3)

■ phrases

▪ of great value

These drugs are of great value in treating cancer.

▪ of little value

The information was of little value.

▪ place/put a high value on something

Our society places a high value on education.

■ adjectives

▪ lasting value (=that will be important or useful for a long time)

He wanted to achieve something of lasting value.

▪ sentimental value (=important because it was a gift, reminds you of someone etc)

The ring wasn’t expensive but had great sentimental value.

▪ nutritional value (=the amount of things that a food contains, which are good for your health)

The nutritional value of cereals can vary.

• • •

COLLOCATIONS (for Meaning 6)

■ adjectives

▪ traditional values

He called for a return to traditional values.

▪ moral values

She had her own set of moral values.

▪ cultural/social values

a book about a clash between British and Chinese cultural values

|

The films of the time reflected these changing social values.

▪ spiritual values

We have replaced our spiritual values with materialism.

▪ human values

basic human values such as honesty, decency, and duty

▪ sb’s core values (=most basic values)

The party needs to express its core values clearly.

■ verbs

▪ hold/have values

People brought up in different times hold different social values.

▪ share sb’s values

They vote for the candidate who shares their values.

▪ uphold values

The new party was dedicated to upholding traditional values.

■ phrases

▪ a set of values

The young have a completely different set of values.

II. value 2 BrE AmE verb [transitive]

[ Word Family: noun : ↑ valuables , ↑ value , values, ↑ valuation , ↑ valuer , ↑ overvaluation ≠ UNDERVALUATION , ↑ devaluation ; adjective : ↑ valuable , ↑ invaluable , overvalued ≠ UNDERVALUED , ↑ valueless , ↑ valued ; verb : ↑ value , ↑ devalue , ↑ overvalue ≠ ↑ undervalue ]

1 . to think that someone or something is important:

Shelley valued her privacy.

value somebody/something for something

Mr. Yeo valued Jan for her hard work.

2 . [usually passive] to decide how much money something is worth, by comparing it with similar things:

We decided to get the house valued.

value something at something

Paintings valued at over $200,000 were stolen from her home.

—valued adjective :

a valued friend

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.