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valew

valew

 

  1  definition  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
 
 
  Ye  are  all  physicians  of  no  value.  --Job  xiii.  4. 
 
  Ye  are  of  more  value  than  many  sparrows.  --Matt.  x.  31. 
 
  C[ae]sar  is  well  acquainted  with  your  virtue,  And 
  therefore  sets  this  value  on  your  life.  --Addison. 
 
  Before  events  shall  have  decided  on  the  value  of  the 
  measures.  --Marshall. 
 
  2.  (Trade  &  Polit.  Econ.)  Worth  estimated  by  any  standard  of 
  purchasing  power,  especially  by  the  market  price,  or  the 
  amount  of  money  agreed  upon  as  an  equivalent  to  the 
  utility  and  cost  of  anything 
 
  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.  --M'Culloch. 
 
  Value  is  the  power  to  command  commodities  generally. 
  --A.  L.  Chapin 
  (Johnson's 
  Cys.). 
 
  Value  is  the  generic  term  which  expresses  power  in 
  exchange.  --F.  A. 
  Walker. 
 
  His  design  was  not  to  pay  him  the  value  of  his 
  pictures,  because  they  were  above  any  price. 
  --Dryden. 
 
  Note:  In  political  economy,  value  is  often  distinguished  as 
  intrinsic  and  exchangeable.  Intrinsic  value  is  the  same 
  as  utility  or  adaptation  to  satisfy  the  desires  or 
  wants  of  men.  Exchangeable  value  is  that  in  an  article 
  or  product  which  disposes  individuals  to  give  for  it 
  some  quantity  of  labor,  or  some  other  article  or 
  product  obtainable  by  labor;  as  pure  air  has  an 
  intrinsic  value,  but  generally  not  an  exchangeable 
  value. 
 
  3.  Precise  signification;  import;  as  the  value  of  a  word 
  the  value  of  a  legal  instrument  --Mitford. 
 
  4.  Esteem;  regard.  --Dryden. 
 
  My  relation  to  the  person  was  so  near  and  my  value 
  for  him  so  great  --Bp.  Burnet. 
 
  5.  (Mus.)  The  relative  length  or  duration  of  a  tone  or  note, 
  answering  to  quantity  in  prosody;  thus  a  quarter  note  [?] 
  has  the  value  of  two  eighth  notes  [?]. 
 
  6.  In  an  artistical  composition,  the  character  of  any  one 
  part  in  its  relation  to  other  parts  and  to  the  whole;  -- 
  often  used  in  the  plural;  as  the  values  are  well  given 
  or  well  maintained. 
 
  7.  Valor.  [Written  also  {valew}.]  [Obs.]  --Spenser. 
 
  {Value  received},  a  phrase  usually  employed  in  a  bill  of 
  exchange  or  a  promissory  note,  to  denote  that  a 
  consideration  has  been  given  for  it  --Bouvier.