economic value

Found in thesaurus: amount, measure, quantity
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economic value
financial worth

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Value (economics)
Economic value is a measure of the benefit provided by a good or service to an economic agent. It is generally measured relative to units of currency, and the interpretation is therefore "what is the maximum amount of money a specific actor is willing and able to pay for the good or service"?

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economic value

Noun
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"
(synonym) value
(hypernym) measure, quantity, amount
(hyponym) mess of pottage


Raynet Business & Marketing GlossaryDownload this dictionary
Economic Value
the value of an asset deriving from its ability to generate income.

Copyright © 2001, Ray Wright
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economic value
økonomisk værdi