#1 value n. a numerical quantity measured or assigned or computed; "the value assigned was 16 milliseconds". wn
#2 value n. the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world". wn
#3 value n. [economic value] 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". wn
#4 value v. fix or determine the value of; assign a value to; "value the jewelry and art work in the estate". wn
#5 value n. relative darkness or lightness of a color; "I establish the colors and principal values by organizing the painting into three values--dark, medium...and light"-Joe Hing Lowe. wn
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