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economic value

DEFINITIONS OF: economic value

1

n the amount (of money or goods or services) that is considered to be a fair equivalent for something else

Synonyms:
value
Types:
mess of pottage
anything of trivial value
premium
the amount that something in scarce supply is valued above its nominal value
Type of:
amount, measure, quantity
how much there is or how many there are of something that you can quantify
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