/ ˈvæljuː; NAmE / noun , verb
HOW MUCH STH IS WORTH
[ U , C ] how much sth is worth in money or other goods for which it can be exchanged :
to go up / rise / increase in value
to go down / fall / drop in value
rising property values
The winner will receive a prize to the value of £1 000.
Sports cars tend to hold their value well.
—see also market value , street value ➡ note at price
[ U ] ( especially BrE ) how much sth is worth compared with its price :
to be good / excellent value (= worth the money it costs)
to be bad / poor value (= not worth the money it costs)
Larger sizes give the best value for money .
BEING USEFUL / IMPORTANT
[ U ] the quality of being useful or important
SYN benefit :
The value of regular exercise should not be underestimated.
The arrival of canals was of great value to many industries.
to be of little / no value to sb
This ring has great sentimental value for me.
I suppose it has a certain novelty value (= it's interesting because it's new) .
food with a high nutritional value
The story has very little news value.
values [ pl. ] beliefs about what is right and wrong and what is important in life :
a return to traditional values in education, such as firm discipline
The young have a completely different set of values and expectations.
[ C ] the amount represented by a letter or symbol :
Let y have the value 33.
[ vn ]
(not used in the progressive tenses) value sb/sth (as sth) | value sb/sth (for sth) to think that sb/sth is important :
I really value him as a friend.
The area is valued for its vineyards.
a valued member of staff
[ usually passive ] value sth (at sth) to decide that sth is worth a particular amount of money :
The property has been valued at over $2 million.
Middle English : from Old French , feminine past participle of valoir be worth, from Latin valere .