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