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Definition
A keyword: an important word to learn value1   Show phonetics
noun
1 MONEY [C,U] how much money something could be sold for
The new road has affected the value of these houses.
Cars quickly go down in value.

2 IMPORTANCE [U] how useful or important something is
a document of great historical value

3 good value (for money) If something is good value it is of good quality or there is a lot of it so you think the amount of money you spent on it was right.
The meal was very good value.
See also: face value

The first and last word in dictionaries