When you value something, you consider it important and worthwhile. For example, if you value someone’s opinion, you will ask that person's advice before making a big decision.

Value has to do with how much something is worth, either in terms of cash or importance. As a verb, it means "holding something in high regard," (like "I value our friendship") but it can also mean "determine how much something is worth," like a prize valued at $200. The noun value also relates to worth, like a used car that is a good value, the value of good health, or the ideals we have, like "My values include honesty and fairness."

Definitions of value
  1. noun
    the quality (positive or negative) that renders something desirable or valuable
    “the Shakespearean Shylock is of dubious value in the modern world”
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    invaluableness, preciousness, pricelessness, valuableness
    the positive quality of being precious and beyond value
    cost, monetary value, price
    the property of having material worth (often indicated by the amount of money something would bring if sold)
    cost, price, toll
    value measured by what must be given or done or undergone to obtain something
    the quality of having high intrinsic value
    the quality of being important and worthy of note
    the quality of not being important or worthy of note
    national income
    the total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr)
    GNP, gross national product
    former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)
    GDP, gross domestic product
    the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)
    face value, nominal value, par value
    the value of a security that is set by the company issuing it; unrelated to market value
    book value
    the value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation
    market price, market value
    the price at which buyers and sellers trade the item in an open marketplace
    monetary standard, standard
    the value behind the money in a monetary system
    something likened to the metal in brightness or preciousness or superiority etc.
    average cost
    total cost for all units bought (or produced) divided by the number of units
    differential cost, incremental cost, marginal cost
    the increase or decrease in costs as a result of one more or one less unit of output
    the quality of being high-priced
    the market value set on assets
    the quality of being affordable
    death toll
    the number of deaths resulting from some particular cause such as an accident or a battle or a natural disaster
    big deal
    anything of great importance or consequence
    relative importance
    importance or value
    utmost importance
    relative importance
    greatness, illustriousness
    the property possessed by something or someone of outstanding importance or eminence
    the quality of being significant
    essentiality, essentialness
    basic importance
    pressing importance requiring speedy action
    weight, weightiness
    the relative importance granted to something
    not of basic importance
    pettiness, puniness, slightness, triviality
    the quality of being unimportant and petty or frivolous
    the quality of having little or no significance
    real GNP, real gross national product
    a version of the GNP that has been adjusted for the effects of inflation
    capital stock
    the book value of the outstanding shares of a corporation
    gold standard
    a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
    silver standard
    a monetary standard under which the basic unit of currency is defined by a stated quantity of silver
    a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio
    alarming importance or seriousness
    alarming importance or seriousness
    type of:
    the quality that renders something desirable or valuable or useful
  2. noun
    a numerical quantity measured or assigned or computed
    “the value assigned was 16 milliseconds”
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    characteristic root of a square matrix, eigenvalue, eigenvalue of a matrix, eigenvalue of a square matrix
    (mathematics) any number such that a given square matrix minus that number times the identity matrix has a zero determinant
    scale value
    a value on some scale of measurement
    argument, parameter
    (computer science) a reference or value that is passed to a function, procedure, subroutine, command, or program
    an intermediate scale value regarded as normal or usual
    type of:
    numerical quantity
    a quantity expressed as a number
  3. noun
    the amount (of money or goods or services) that is considered to be a fair equivalent for something else
    “he tried to estimate the value of the produce at normal prices”
    synonyms: economic value
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    mess of pottage
    anything of trivial value
    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
  4. verb
    fix or determine the value of; assign a value to
    value the jewelry and art work in the estate”
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    overestimate, overvalue
    assign too high a value to
    underestimate, undervalue
    assign too low a value to
    allow (currencies) to fluctuate
    type of:
    determine, set
    fix conclusively or authoritatively
  5. verb
    evaluate or estimate the nature, quality, ability, extent, or significance of
    synonyms: appraise, assess, evaluate, measure, valuate
    estimate the value of (property) for taxation
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    grade, mark, score
    assign a grade or rank to, according to one's evaluation
    estimate the value of
    standardise, standardize
    evaluate by comparing with a standard
    reassess, reevaluate
    revise or renew one's assessment
    subject to political, religious, or moral censorship
    express approval of
    blue-pencil, delete, edit
    cut or eliminate
    value anew
    praise or celebrate in song
    express commendation of
    express approval of
    exalt, extol, glorify, laud, proclaim
    praise, glorify, or honor
    blandish, flatter
    praise somewhat dishonestly
    eulogise, eulogize
    praise formally and eloquently
    compliment, congratulate
    say something to someone that expresses praise
    gush, rave
    praise enthusiastically
    express approval of
    commend, recommend
    express a good opinion of
    advertise, advertize, promote, push
    make publicity for; try to sell (a product)
    puff, puff up
    praise extravagantly
    praise in a sonnet
    type of:
    evaluate, judge, pass judgment
    form a critical opinion of
  6. verb
    estimate the value of
    synonyms: rate
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    value anew
    appreciate, apprise, apprize
    increase the value of
    type of:
    appraise, assess, evaluate, measure, valuate
    evaluate or estimate the nature, quality, ability, extent, or significance of
  7. noun
    an ideal accepted by some individual or group
    “he has old-fashioned values
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    (psychoanalysis) parental figures (and their values) that you introjected as a child; the voice of conscience is usually a parent's voice internalized
    a rule or standard especially of good behavior
    accounting principle, accounting standard
    a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions
    chivalry, knightliness
    the medieval principles governing knighthood and knightly conduct
    ethic, moral principle, value orientation, value-system
    the principles of right and wrong that are accepted by an individual or a social group
    the principles and ideals associated with classical Greek civilization
    judicial doctrine, judicial principle, legal principle
    (law) a principle underlying the formulation of jurisprudence
    an ethical or moral principle that inhibits action
    type of:
    the idea of something that is perfect; something that one hopes to attain
  8. verb
    regard highly; think much of
    synonyms: esteem, prise, prize, respect
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    disesteem, disrespect
    have little or no respect for; hold in contempt
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    think the world of
    esteem very highly
    fear, revere, reverence, venerate
    regard with feelings of respect and reverence; consider hallowed or exalted or be in awe of
    admire, look up to
    feel admiration for
    enshrine, saint
    hold sacred
    show devotion to (a deity)
    feel envious towards; admire enviously
    type of:
    consider, reckon, regard, see, view
    deem to be
  9. verb
    hold dear
    synonyms: appreciate, prize, treasure
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    do justice
    show due and full appreciation
    recognise, recognize
    show approval or appreciation of
    honor, honour, reward
    bestow honor or rewards upon
    place in the church calendar as a red-letter day honoring a saint
    type of:
    consider, reckon, regard, see, view
    deem to be
  10. noun
    (music) the relative duration of a musical note
    synonyms: note value, time value
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    type of:
    continuance, duration
    the period of time during which something continues
  11. noun
    relative darkness or lightness of a color
    “"I establish the colors and principal values by organizing the painting into three values--dark, medium...and light"-Joe Hing Lowe”
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    having a light color
    having a dark or somber color
    type of:
    color property
    an attribute of color
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