Definition, Meaning & Synonyms

monetary-value

Noun
/ˈmʌnəˌtɛri ˈvæljuː/
Definition
Monetary value refers to the worth or importance of something expressed in terms of money.
Examples
  • The monetary value of a house can fluctuate based on market conditions.
  • Investors often assess the monetary value of their assets before making decisions.
  • Understanding the monetary value of your skills can help in salary negotiations.
Meaning
It represents how much something costs or its financial significance in the marketplace.
Synonyms
  • Financial worth
  • Economic value
  • Fiscal significance