▸ noun
1 [mass noun] the regard that something is held to deserve; the importance, worth, or usefulness of something:
your support is of great value.
▪ the material or monetary worth of something:
prints seldom rise in value
[count noun] equipment is included up to a total value of £500.
▪ the worth of something compared to the price paid or asked for it:
at £12.50 the book is good value.
2 (values) principles or standards of behaviour; one's judgement of what is important in life:
they internalize their parents' rules and values.
3 the numerical amount denoted by an algebraic term; a magnitude, quantity, or number:
the mean value of x.
5 Linguistics the meaning of a word or other linguistic unit.
▪ the quality or tone of a spoken sound; the sound represented by a letter.
6 the relative degree of lightness or darkness of a particular colour:
the artist has used adjacent colour values as the landscape recedes.
– ORIGIN Middle English: from Old French, feminine past participle of valoir ‘be worth’, from Latin valere.