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ECONOMIC VALUE

(noun)

Definitions

There is 1 meaning of the phrase Economic Value.

Economic Value - as a noun

The amount (of money or goods or services) that is considered to be a fair equivalent for something else

Example: "He tried to estimate the value of the produce at normal prices"

Synonyms (Exact Relations)
value
Hypernyms (Closely Related)
amountmeasurequantity
Hyponyms (Broadly Related)

Example Sentences

"The economic value of the property has decreased due to the economic downturn."
"The company focused on maximizing the economic value of its assets."
"Investing in education can lead to long-term economic value for a country."
"The economic value of the product is determined by the market demand."
"Tourism generates significant economic value for the local community."
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