value

The word “value” means how much something is worth, in money or importance. In plain terms, worth — of money, importance, or personal principle — or the act of estimating or appreciating that worth.

“Value” is pronounced VAL-yoo (/ˈvæl.ju/ in IPA).

Here is “value” used in a sentence: “The value of the house has doubled since they bought it.”

Words with a similar meaning to “value” include valence and worth.

Depending on how it is used, “value” can be a noun and a verb.

The word “value” comes from Latin. From Old French value, from Latin valere, "to be strong, to be worth".

“Value” is a very common word in modern English, usually learned at around the A2 level.

“Value” has 4 distinct senses listed in this dictionary. The most common is: how much something is worth, in money or importance.

Price is the amount of money asked or paid for something — a fixed figure on a tag. Value is how much something is actually worth to you, in money or importance, which may be higher or lower than its price. A cheap tool can have great value; an expensive one can be poor value.

Value takes several forms. Monetary or market value is what something would sell for. Sentimental value is the personal importance we attach to it, regardless of price. There is also practical or use value — how helpful something is. The same object can hold very different kinds of value at once.

Yes. While market value reflects what people will generally pay, the importance side of value is deeply personal. A childhood photo may be priceless to you and worthless to a stranger. Because value measures worth in both money and importance, it often depends on who is judging and why.