Business Dictionary :
Valuable, Valuation, Value and Valuer
Valuable : adjective : something which is worth a lot of money
Valuable Property or Valuables = personal items which are worth a lot of money
Valuation : noun : estimate of how much something is worth
• To ask for a valuation of a property before making an offer for it
= estimating the value of stock at the end of an accounting period
• To buy a shop with stock at valuation = to pay for the stock the same amount as its value as estimated by a valuer
: amount of money which something is worth
• He imported goods to the value of £250.
• The fall in the value of sterling
• The valuer put the value of the stock at £25,000.
• Good value (for money) = a bargain or something which is worth the price paid for it
• That restaurant gives value for money.
• Buy that computer now - it i very good value.
• Holidays in Italy are good value because of the exchange rate.
• To rise in value or to fall in value = to be worth more or less
= value of a company calculated by adding together all its assets
= value as recorded in the company's accounts
• Sample Only - of no commercial value = not worth anything if sold
= value of goods entered on a customs declaration form
= difference between the face value of a share and its lower market price
= value written on a coin or banknote or share
= value of an asset or of a product or of a company, if sold today
= value written on a share certificate
= value of something which is worth a lot because it is rare and there is a large demand for it
= money which an insurer will pay if an insurance policy is given up before maturity date
: to estimate how much money something is worth
• He valued the stock at £25,000.
Value Added Tax
• We are having the jewellery valued for insurance.
: tax imposed as a percentage of the invoice value of goods and services
: person who estimates how much money something is worth
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