Entity: VALUE
Value is a concept that encompasses the worth, importance, or quality of something, whether in terms of monetary value or intrinsic significance.
VALUE
Etymology
The word 'value' originates from the Latin word 'valere,' meaning 'be strong, be worth.'
Definition
Value is a fundamental concept that denotes the worth, importance, or quality of something, whether in terms of monetary value or intrinsic significance.
Historical Context
Throughout history, the perception of value has evolved, influenced by economic, social, and cultural factors. Different civilizations and time periods have assigned varying degrees of value to different commodities.
Cultural Significance
Value plays a crucial role in shaping societal norms, economic systems, and personal relationships. It influences decision-making processes and perceptions of self-worth.
Related Concepts
- Worth
- Importance
- Quality
- Price
See Also
- Merriam-Webster: VALUE Definition & Meaning
- Dictionary.com: VALUE Definition & Meaning
- Vocabulary.com: Value - Definition, Meaning & Synonyms
- Urban Dictionary: value
- Cambridge Dictionary: VALUE | English meaning
A fundamental concept that denotes the worth, importance, or quality of something, whether in terms of monetary value or intrinsic significance.