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value

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noun British English pronunciation: value /ˈvæljuː/ 
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singularvalue
pluralvalues
  1. 1
    [countable/uncountable] the amount that something is worth, measured especially in money

    You can't put a value on a human life.

    value of:

    The value of the painting is not known.

    drop/rise/fall etc in value:

    The dollar dropped in value on the foreign exchange markets last week.

    Residential property in the city has doubled in value in the last three years.

    of (great/real) value (=worth a lot of money):

    Thieves had taken a radio and a Walkman, but nothing of great value.

    of little/no value:

    The ring was actually of very little value.

    hold its/their value (=worth the same amount of money over a long period):

    Handwoven rugs hold their value extremely well.

    1. a.
      [uncountable] the amount that something is worth compared to the money that it costs

      Thanks to the strength of the pound, these wines offer tremendous value just now.

      value for (your) money:

      Most customers are looking for value for their money rather than cutting-edge fashion.

    See also  market value
  2. 2
    [uncountable] the degree to which someone or something is important or useful

    educational/nutritional value

    value to:

    Discussion of the transport link focused on its value to the local community.

    of (great) value:

    documents that will be of great value to future historians

    sentimental value (=the importance that something has for you for personal reasons):

    That watch had belonged to his grandfather and had great sentimental value.

    of little/no value:

    These papers are of no value to a thief.

  3. 3
    [uncountable] the particular interesting quality that something has
    shock/novelty/curiosity value:

    Some episodes are included purely for their shock value.

  4. 4

    values

    [plural] the principles and beliefs that influence the behaviour and way of life of a particular group or community

    Christian/Western/Islamic values

    To its opponents in the developing world, globalization is seen as an attack on traditional cultural values.

    the university's liberal values

    set of values:

    They have a very different set of values from our own.

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