unit of value

Definition of unit of value

  1. 1 :  the amount of some one thing taken as a standard by comparison with which to reckon the value of other things

  2. 2 or unit of assessment :  the unit of length, surface, capacity, or weight that an assessor used in calculations of or values for the assessment of taxes

Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Join MWU now and get access to America’s largest dictionary, with:

  • 300,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Seen and Heard

What made you want to look up unit of value? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a brief usually trivial fact

Get Word of the Day daily email!