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value:

the intrinsic or manipulated power of a property to command worth or exchangeability for its utility, i.e. market value; the importance, merit, or worth of a thing in an exchange based on what is mutually accepted as fair, the capacity of goods and services to command, for example, money in an exchange. An asset has value, meaning that it has a monetary or material manifestation of a quality that renders it desirable or useful.


related: location value points; value added; value based management; value chain

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Economic Development Services, Inc. / copyrights and all rights reserved / 09/10/2012