the value of an item going through customs, as used to determine the duties levied

(law, insurance) A compensable loss in a property item's value after having been damaged and subsequently repaired or, in the case of a construction, having been constructed improperly or not according to contract.

(fire insurance) A policy in which the value of the goods, property, or interest insured is specified.

plural of valued policy

The assessed value of an asset from which the tax owing is computed.

(philosophy) A judgment of the rightness or wrongness of something, based on a particular set of values or on a particular value system.

A hierarchy of values that all moral beings have, reflected in their choices. Most people's value systems differ. It's an individualistic concept. One's value system is molded by one's virtues or vices, and experiences.

The personal value of an object, derived from the personal memories associated with it.

(finance, investing) The greater risk-adjusted return of value stocks over growth stocks.

A measure of the communicative utility of a human language, computed as the product of the language's centrality and its prevalence.