Entry Word: value

Function: noun

Meaning: 1 the amount of money for which something will find a buyer <the real value of that house is close to a million dollars>

Synonyms market value, valuation, worth

Related Words charge, cost, fee, figure, price; appraisal, assessment, estimate, estimation, evaluation; face value, list price, unit price

2 a quality that gives something special worth <defending the democratic system's intrinsic values> — see excellence 2
3 the relative usefulness or importance of something as judged by specific qualities <guessed the value of the thing based on the way it was being jealously guarded by the courier> — see worth 1