value
Worth; that property or those properties of a thing which render it useful or estimable; or the degree of that property or of such properties. The real value of a thing is its utility, its power or capacity of procuring or producing good. Hence the real or intrinsic value of iron, is far greater than that of gold. But there is, in many things, an estimated value, depending on opinion or fashion, such as the value of precious stones. The value of land depends on its fertility, or on its vicinity to a market, or on both.