Definition, Meaning & Synonyms
comparable-value
noun
/kəmˈpærə.bəl ˈvæl.juː/
Definition
The value of an asset or a resource that can be compared to another asset or resource’s value to assess similarity or equivalence.
Examples
- The comparable-value of the two houses helped the buyer decide which one to purchase.
- In financial analysis, comparable-value is essential for benchmarking assets.
- Investors often use comparable-value assessments to gauge whether stocks are overvalued or undervalued.
Meaning
Comparable-value refers to the notion of evaluating one item in relation to another to determine how similar or equal their values are.
Synonyms
- equivalent value
- assessed value
- relative worth
- par value
