value

value — noun

1. the money that something could sell for if someone wanted to buy it

1.nounB1
Definition

the money that something could sell for if someone wanted to buy it

Example

The value of Élise's apartment rose sharply after the new train station opened.

value + rise/fall (collocation for price change)

Antique dealers calculate the value of old furniture before they make an offer.

Common collocations
  • market value
  • resale value
  • property values
  • face value
  • street value
  • rise in value
  • fall in value
Synonyms
  • price

    the specific amount asked or paid, whereas 'value' is a broader assessment

  • worth

    similar meaning but slightly more subjective and less technical

  • market price

    the current value determined by what buyers are willing to pay

Grammar Patterns

the value of [something]

[something]'s value

Usage Note

Often used with prepositions 'of' (the value of something) or 'at' (valued at an amount). The plural 'values' can refer to prices of multiple items ('property values have fallen').

Common Mistakes

The value of these shares are high.
The value of these shares is high.
'value' is singular even when followed by a plural noun.

2. the importance that something has for a particular person, often for emotional,

2.nounB1
Definition

the importance that something has for a particular person, often for emotional, personal, or relational reasons

Example

The value of friendship became clear to Indra when she moved to a new city alone.

the value of [abstract noun]

Arjun's grandfather taught him the value of patience through years of quiet example.

Common collocations
  • sentimental value
  • place a high value on
  • intrinsic value
  • of great value to
  • emotional value
Synonyms
  • importance

    broader and more formal; can apply to practical matters too

  • significance

    more formal, often used for long-term or deep importance

  • worth

    overlaps in meaning, especially in 'worth of a relationship'

Grammar Patterns

the value of [something]

place a value on [something]

Usage Note

Distinguish from noun sense 3 (USEFULNESS): this sense is about emotional or relational significance, while sense 3 is about practical utility. Use 'place a high value on [something]' to express what someone considers important.

Common Mistakes

I place a high value in friendship.
I place a high value on friendship.
the correct preposition after 'place a value' is 'on'.

3. the quality that makes something helpful, practical, or worth doing for a partic

3.nounB2
Definition

the quality that makes something helpful, practical, or worth doing for a particular purpose

Example

This research data is of great value to scientists studying the effects of climate change.

be of great value to [someone]

Gabriel questioned the value of spending so much money on a software system nobody would use.

Common collocations
  • great value
  • real value
  • lasting value
  • practical value
  • educational value
  • of value to
Synonyms
  • use

    more informal and direct; 'use' focuses on what you can do with something

  • benefit

    focuses on the positive outcome rather than the quality itself

  • advantage

    suggests being better compared with an alternative

Antonyms

Grammar Patterns

be of [adjective] value to [someone]

have [adjective] value

Common Mistakes

This book is value for students.
This book is of great value to students.
use 'of great value to' instead of 'value for'.

4. a collection of beliefs and moral standards that guide how a person or group beh

4.nounB1
Definition

a collection of beliefs and moral standards that guide how a person or group behaves, especially concerning right and wrong

Example

The school tries to teach students traditional values such as honesty and respect for others.

traditional / moral / family values (common modifiers)

Amani's parents passed on strong values about helping people in the local community.

Common collocations
  • family values
  • moral values
  • traditional values
  • core values
  • cultural values
  • share values
  • hold values
  • values system
Synonyms
  • principles

    more formal and abstract; focuses on moral rules rather than guiding beliefs

  • ideals

    emphasises the aspirational or perfect standard someone aims for

  • standards

    focuses on the expected level of behaviour

Grammar Patterns

[someone]'s values

family / moral / traditional values

Usage Note

Almost always used in the plural form ('values') in this sense. The singular 'value' is rare and only appears in fixed phrases like 'a person of value' or 'value system'.

Common Mistakes

The company has a strong value about honesty.
The company has strong values about honesty.
use the plural 'values' for moral beliefs.

5. a number or quantity shown by a letter, symbol, or measurement in mathematics, s

5.nounB2
Definition

a number or quantity shown by a letter, symbol, or measurement in mathematics, science, or computing

Example

In this equation, the variable X can take any value between zero and one hundred.

take a value (common maths collocation)

The pH value of pure water at room temperature is exactly seven.

Common collocations
  • numerical value
  • absolute value
  • average value
  • maximum value
  • pH value
  • take a value
  • assigned value
  • measured value
Synonyms
  • quantity

    broader term; not restricted to numbers (can be amount, size, or volume)

  • figure

    less technical; can refer to any written number

Grammar Patterns

the value of [variable/measurement]

[something] takes/has a value

Common Mistakes

The value of X is equal 5.
The value of X is equal to 5.
add 'to' after 'equal'; or simply say 'X equals 5'.

6. the quality of being worth the amount of money paid, measured by comparing price

6.nounB1
Definition

the quality of being worth the amount of money paid, measured by comparing price with the benefit or quality received

Example

The set lunch at that restaurant is excellent value at only three hundred dollars for three courses.

good / great / excellent value (common adjective pairs)

For value, you cannot beat this brand of washing powder according to the consumer reports.

Common collocations
  • good value
  • excellent value
  • great value
  • value for money
  • offer value
  • look for value
Synonyms
  • bargain

    a specific item bought cheaply; 'value' is a general quality

  • worth it

    informal phrase used predicatively ('this was worth it')

Antonyms
  • rip-off

    informal; something that costs too much for what you get

Grammar Patterns

[something] is good / excellent / great value

value for money

Common Mistakes

This restaurant is very value.
This restaurant offers good value.
'value' here is a noun, not an adjective; use 'good/excellent value' after a verb like 'offer' or 'be'.

value — verb

value — adjective

Word family

Synonym discussion

Sense: noun/1

Value, price, worth, and cost all relate to money but differ in key ways. Price is the specific amount asked or paid for an item in a transaction — it is concrete and can change depending on the seller ('the price of milk has gone up'). Cost refers to what you must spend to obtain or produce something, often focusing on the buyer's expense ('the cost of building a house'). Worth is more subjective than value and often reflects personal or perceived importance rather than a market figure ('this necklace is worth a lot to me emotionally'). Value is the broadest of the four: it can mean estimated market worth, the importance of something beyond money, or the quality-to-price ratio. For example, you would say 'the value of the house increased' (market worth), but 'the price of the house is too high' (asking amount). 'The cost of repairs made us think twice' (buyer's expense), while 'the worth of the land goes beyond its price tag' (broader significance).

Common collocations

Nouns

  • sense of value
  • standard of value
  • set of values

Phrases

  • place a value on
  • put a value on
  • be of value
  • hold its value
  • gain value
  • lose value

Prepositions

  • of value
  • in value
  • at value

Etymology

LatinOld FrenchEnglish

The word 'value' entered English from Old French 'value', the feminine past participle of 'valoir' (to be worth). 'Valoir' itself came from Latin 'valēre', meaning 'to be strong, be well, be of worth'. The sense of 'monetary worth' appeared in English around the 1300s, while the meaning of 'moral principles' (plural) developed in the 1800s, shifting from 'that which is worthy' to 'the standards by which worth is judged'. The use of 'value' as an adjective describing a budget product line is a much more recent development, appearing in the late 1900s in retail marketing.