Value
Legal Definition and Related Resources of Value
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Value
The utility of an object in direct or indirect relation to the needs or desires of human beings. In this sense it is known as value in use. It also means the power of purchasing other goods or services which the possession of that object conveys, in which sense it is called value in exchange. Frequently, the word value is also used as synonymous for valuable consideration as in the phrase purchaser for value or holder for value.
Value Alternative Definition
The utility of an object. The price demanded or accepted as equivalent to the utility of anything. 161 111. 251; 154 111. 662. The worth of an object in purchasing other goods. The value of a thing is what it will produce. The first may be called "value in use;" the latter, "value in exchange." It is a relative term, depending upon different circumstances, 235 111. 435, and has no fixed criteria. 21 Minn. 322. "Value" differs from "price." The latter is applied to live cattle and animals. In a declaration, therefore, for taking cattle, they ought to be said to be of such a price; and in a declaration for taking dead chattels, or those which never had life, it ought to lay them to be of such a value. 2 Lilly, Abr. 629.
Synonyms of Value
noun
advantage
aestimatio
amount
appraisal
assessment
benefit
caliber
consequence
cost
desirability
effect
equivalent
esteem
estimate
estimation
excellence
expense
force
impact
importance
merit
price
purport
quality
quotation
significance
substance
superiority
use
usefulness
utility
valuation
worth
worthiness
Associated Concepts: acquisition value
actual cash value
actual market value
appraised value
assessed value
book value
cash market value
cash surrender value
current market value
face value
fair and reasonable value
fair market value
fair value
full cash value
good faith purchaser for value
gross value
highest market value
holder for value
instrument of value
insurable value
intrinsic value
market value
negotiable instrument
nominal value
nuisance value
par value
pecuniary value
present value
probative value
prospective value
purchaser for value
real value
reasonable value
relative value
rental value
reserve value
retention value
substantial value
sufficient value
surrender value
tangible value
taxable value
transfer for value
true value
value receivedforeign phrases: Libertas non recipit aestimationem
Freedom does not admit a valuation
Tantum bona valent
quantum vendipossunt
Goods are worth as much as they are sold for
Res per pecuniam aestimatur
et non pecunia per rem
but the value of money is not estimated by reference to property
Sapientia legis nummariopretio non est aestimanda
'l ha wisdom of the law cannot be computed in money value
tangible value
taxable value
transfer for value
true value
value receivedforeign phrases: Libertas non recipit aestimationem
Freedom does not admit a valuation
Tantum bona valent
quantum vendipossunt
Goods are worth as much as they are sold for
Res per pecuniam aestimatur
et non pecunia per rem
The value of a thing is estimated according to its worth in money
but the value of money is not estimated by reference to property
Sapientia legis nummariopretio non est aestimanda
'l ha wisdom of the law cannot be computed in money value
Related Entries of Value in the Lawi Project
Browse or run a search for Value in the legal resources (including dictionaries and American law definitions), the Asian legal platform, the European law platform, the British legal resources or the Latin American and Spanish platform and publications (Lawi) about law in the world.
Value in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Value in historical law and the evolution of legal systems (study).
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Value in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
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Mentioned in these terms
Actual Cash Value, Actuary, Adequate, Adjusted Taxable Income, Amenity, Amount In Controversy, Appraisal, Appraise, Appraiser, Appreciate, Approximate, Assess, Assessed Value Or Valuation:, Assessment, Assessor, Betterment, Betting, Bill Of Lading, Blackmail, Bona Fide, Book Value, Bribery, Capital, Capital Investment, Capitalization, Capricious, , Cash Surrender Value, Cashier's Check, Certificate Of Stock, Chilling A Sale, Co-insurance, , Commercial Frustration, Comparable, Compensate, Compensation, Constructive Total Loss, Covenant Running With The Land, Damaged, Demonstrative Evidence, Depreciation, Detinue, Discount, Encumbrance, Enhance, Equity, Equivalent, Exchange, Face Value, Failure Of Consideration, Fair Actual Value, , Gaming, Goodwill, Graft, Grand Larceny, Hearsay Evidence, Heriot, Holder In Due Course, Impair, Improvement, Inadequate, Increment, Incumbrance, Indirect Tax, Insurable Interest, Insurance, Inventory, Inverse Condemnation, Just Compensation, Justice Of The Peace, Kiting, Local Assessment, , Lottery, Malice, Maximum, Mechanic's Lien, Merchantable, Merchantability, Money, Negotiable Instrument, No Par Value, Obscene, Open Insurance Policy, , Par Value, Plottage, Pornographic, Possession, Preponderance, Price, Proceeds, Prospector, Puffing, Rack-rent, Racketeering, Raffle, , Recovery, Rehabilitative Alimony, Rescission, Sale Of Goods, Saleable Value, Salvage Loss, Salvage Value, Satisfaction, Severance Damage, Simple Larceny, Slander Of Property, Sovereign, Special Assessment, Special Purpose Or Use, Special Value, Stake Holder, Stock Dividend, Total Loss, Trading Stamps, True Value Rule.
Browse
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Value in the Dictionary: Value in our legal dictionaries
Browse the Legal Thesaurus: Find synonyms and related words of Value
Legal Maxims: Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
Legal Answers (Q&A): A community-driven knowledge creation process, of enduring value to a broad audience
Related topics: Value in this project about law in the world (Lawi)
Notice
This definition of Value is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
Vocabularies (Semantic Web Information)
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Topic Map: A group of names, occurrences and associations
Topic Tree: A topic display format, showing the hierarchy
Sitemap Index: Sitemap Index, including Taxonomies
https://dictionarylaw.substack.com/p/value/: The URI of Value (more about URIs)
Value in Law Enforcement
Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of value.
Resources
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See Also
Law Enforcement Officer
Police
Law Enforcement Agency
Further Reading
Value Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Value in a way that is easy for anybody to understand: How much money something is worth.
Present Value Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Present Value in a way that is easy for anybody to understand: CURRENT VALUE of a given future CASH flow stream, discounted at a given rate.
United States Tax Concept of Value
The worth of a thing.
Concept of Value in the context of Real Property
Alternatives definitions of Value: (1) The usefulness of an object. (2) The monetary worth of an object. (3) A shortening of the term valuable consideration, as in a purchaser "for value".
Concept of Value in the context of Real Property
Alternatives definitions of Value: (1) The usefulness of an object. (2) The monetary worth of an object. (3) A shortening of the term valuable consideration, as in a purchaser "for value".
Value