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English definition of “value”

value

noun (IMPORTANCE)    /ˈvæl.juː/
[S or U] the importance or worth of something for someone: For them, the house's main value lay in its quiet country location . They are known to place /put/set a high value on good presentation .ImportanceUseful or advantageous B1 [U] how useful or important something is: The photos are of immense historical value. His contribution was of little or no practical value. The necklace had great sentimental value. It has novelty value because I've never done anything like it before.Useful or advantageous values [plural] B2 the beliefs people have about what is right and wrong and what is most important in life , which control their behaviour : family / moral / traditional valuesMorality and rules of behaviour
(Definition of value noun (IMPORTANCE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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