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1. The quality that renders something desirable, valuable or useful
   "the Shakespearean Shylock is of dubious value in the modern world";
   - worth, merit
    
2. The amount (of money, 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";
   - economic value
    
3. A numerical quantity measured, assigned or computed
   "the value assigned was 16 milliseconds"
    
4. Relative darkness or lightness of a colour
   "I establish the colours and principal values by organizing the painting into three values--dark, medium...and light"
    
5. (music) the relative duration of a musical note
   - time value, note value
    
6. An ideal accepted by some individual or group
   "he has old-fashioned values"

1. Fix or determine the value of; assign a value to
   "value the jewellery and art work in the estate"
    
2. Hold dear
   "I value these old photographs";
   - prize, treasure, appreciate
    
3. Regard highly; think much of
   "I value his judgement";
   - respect, esteem, prize
    
4. Estimate or determine the nature, value, quality, ability, extent, or significance of
   "I will have the family jewels valued by a professional";
   - measure, evaluate, valuate, assess, appraise, scope
    
5. Evaluate how important or likely something is
   "How would you value his chances to become President?";
   - rate

Derived forms: valuing, valued, values

See also: black, dark, light, light-colored [US], light-coloured [Brit, Cdn], white

Type of: amount, color property [US], colour property [Brit, Cdn], consider, continuance, determine, duration, evaluate, ideal, judge, measure, numerical quantity, pass judgment, quality, quantity, reckon, regard, see, set, view

Antonym: disrespect

Encyclopedia: Value, Price and Profit