1. the amount (of money or goods or services) that is considered to be a fair equivalent for something else; - Example: "he tried to estimate the value of the produce at normal prices" [syn: value, economic value]
WordNet (r) 3.0 (2006):
economic value
n 1: 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" [syn: value, economic value]