Product vs Value - What's the difference?
product | value |
A commodity offered for sale.
Any preparation to be applied to the hair, skin, nails, etc.
Anything that is produced; a result.
* (John Milton) (1608-1674)
* (Edmund Burke) (1729-1797)
*{{quote-magazine, date=2014-06-21, volume=411, issue=8892, magazine=(The Economist)
, title=[http://www.economist.com/news/books-and-arts/21604535-real-sir-isaac-newton-was-not-first-king-reason-last Magician’s brain]
, passage=The truth is that [Isaac] Newton was very much a product of his time. The colossus of science was not the first king of reason, Keynes wrote after reading Newton’s unpublished manuscripts. Instead “he was the last of the magicians”.}}
# The amount of an artifact that has been created by someone or some process.
# A consequence of someone's efforts or of a particular set of circumstances.
# (label) A chemical substance formed as a result of a chemical reaction.
# (arithmetic) A quantity obtained by multiplication of two or more numbers.
# (label) Any operation or a result thereof which generalises multiplication of numbers, like the multiplicative operation in a ring, product of types or a categorical product.
# Any tangible or intangible good or service that is a result of a process and that is intended for delivery to a customer or end user.
#*
#*
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Illegal drugs, especially cocaine, when viewed as a commodity.
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= 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= The amount (of money or goods or services) that is considered to be a fair equivalent for something else.
* M'Culloch
* Dryden
* {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
, title= (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
Numerical quantity measured or assigned or computed.
Precise meaning; import.
(obsolete) Esteem; regard.
* Bishop Burnet
(obsolete) valour; also spelled valew
To estimate the value of; judge the worth of something.
* {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
, title= 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.
As a noun product
is a commodity offered for sale.As a verb value is
.product
English
Noun
- the product of those ill-mated marriages.
- These institutions are the products of enthusiasm.
Usage notes
* Adjectives often applied to "product": excellent, good, great, inferior, crappy, broken, defective, cheap, expensive, reliable, safe, dangerous, useful, valuable, useless, domestic, national, agricultural, industrial, financial.Synonyms
* (items for sale) merchandise, wares, goods * (amount created by a process) production, output, creationDerived terms
* by-product * categorical product * end product * finished product * gross domestic product, gross national product * product placement * product recallSee also
* addition, summation: (augend) + (addend) = (summand) × (summand) = (sum, total) * subtraction: (minuend) ? (subtrahend) = (difference) * multiplication: (multiplier) × (multiplicand) = (factor) × (factor) = (product) * division: (dividend) ÷ (divisor) = (quotient), remainder left over if divisor does not divide dividend ----value
English
Noun
(en noun)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.}}
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.}}
- 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 .
- His design was not to pay him the value of his pictures, because they were above any price.
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.}}
- I establish the colors and principal values by organizing the painting into three values--dark, mediumand light.
- the value''' of a word; the '''value of a legal instrument
- (Mitford)
- (Dryden)
- My relation to the person was so near, and my value for him so great.
- (Spenser)
Synonyms
* (quality that renders something desirable) worthDerived terms
* valuable * valueless * valueness * economic value * face value * note value * par value * time valueVerb
(valu)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.