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What is the difference between value and price?

value | price |

In obsolete terms the difference between value and price

is that value is valour; also spelled valewprice is to set a price on; to value; to prize.

As nouns the difference between value and price

is that value is the quality (positive or negative) that renders something desirable or valuable while price is the cost required to gain possession of something.

As verbs the difference between value and price

is that value is to estimate the value of; judge the worth of something while price is to determine the monetary value of (an item), to put a price on.

As a proper noun Price is

{{surname|Welsh patronymic|from=Welsh}}, anglicized from {{term|ap|lang=cy}} {{term|Rhys|lang=cy}}.

As a phrase PRICE is

protect, rest, ice, compression, and elevation. A common treatment method for sprained joints.

value

English

Noun

(en noun)
  • The quality (positive or negative) that renders something desirable or valuable.
  • * {{quote-news, year=2012, date=May 13, author=Alistair Magowan, work=BBC Sport
    • , title= Sunderland 0-1 Man Utd , passage=United were value for their win and Rooney could have had a hat-trick before half-time, with Paul Scholes also striking the post in the second half.}}
  • The degree of importance given to something.
  • * {{quote-magazine, date=2013-06-07, author=(Gary Younge)
    • , volume=188, issue=26, page=18, magazine=(The Guardian Weekly) , title= Hypocrisy lies at heart of Manning prosecution , passage=WikiLeaks did not cause these uprisings but it certainly informed them. The dispatches revealed details of corruption and kleptocracy that many Tunisians suspected, […]. They also exposed the blatant discrepancy between the west's professed values and actual foreign policies.}}
  • The amount (of money or goods or services) that is considered to be a fair equivalent for something else.
  • * M'Culloch
    • An article may be possessed of the highest degree of utility, or power to minister to our wants and enjoyments, and may be universally made use of, without possessing exchangeable value .
  • * Dryden
    • His design was not to pay him the value of his pictures, because they were above any price.
  • * {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
    • , title= Boundary problems , passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.}}
  • (music) The relative duration of a musical note.
  • (arts) The relative darkness or lightness of a color in (a specific area of) a painting etc.
  • * Joe Hing Lowe
    • I establish the colors and principal values by organizing the painting into three values--dark, mediumand light.
  • Numerical quantity measured or assigned or computed.
  • Precise meaning; import.
    • the value''' of a word; the '''value of a legal instrument
    (Mitford)
  • (obsolete) Esteem; regard.
    • (Dryden)
  • * Bishop Burnet
    • My relation to the person was so near, and my value for him so great.
  • (obsolete) valour; also spelled valew
    • (Spenser)

    Synonyms

    * (quality that renders something desirable) worth

    Derived terms

    * valuable * valueless * valueness * economic value * face value * note value * par value * time value

    Verb

    (valu)
  • To estimate the value of; judge the worth of something.
  • * {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
    • , title= Boundary problems , passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.
  • To fix or determine the value of; assign a value to, as of jewelry or art work.
  • To regard highly; think much of; place importance upon.
  • To hold dear.

    • Synonyms

    * appreciate * assess * esteem * prise, prize * rate * respect * treasure * valuate * worthen

    Antonyms

    * disesteem * disrespect

    See also

    * value system

    Statistics

    *

    External links

    * * *

    Anagrams

    * ----

    price

    English

    Noun

    (en noun)
  • The cost required to gain possession of something.
  • * Shakespeare
    • We can afford no more at such a price .
  • * , chapter=3
    • , title= Mr. Pratt's Patients , passage=My hopes wa'n't disappointed. I never saw clams thicker than they was along them inshore flats. I filled my dreener in no time, and then it come to me that 'twouldn't be a bad idee to get a lot more, take 'em with me to Wellmouth, and peddle 'em out. Clams was fairly scarce over that side of the bay and ought to fetch a fair price .}}
  • The cost of an action or deed.
  • Value; estimation; excellence; worth.
  • * Bible, Proverbs xxxi. 10
    • Her price is far above rubies.
  • * Keble
    • new treasures still, of countless price

    Derived terms

    * list price * pool price * price-conscious * price stability * purchase price * reserve price * selling price * shadow price * spot price * starting price * strike price * upset price

    Verb

    (pric)
  • To determine the monetary value of (an item), to put a price on.
  • (obsolete) To pay the price of, to make reparation for.
  • * 1590 , Edmund Spenser, The Faerie Queene , I.ix:
    • Thou damned wight, / The author of this fact, we here behold, / What iustice can but iudge against thee right, / With thine owne bloud to price his bloud, here shed in sight.
  • (obsolete) To set a price on; to value; to prize.
  • (colloquial, dated) To ask the price of.
    • to price eggs

    External links

    * * 1000 English basic words