economic value economic value

Definition(s):

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

Usage(s):

  1. He also became an avid disciple of the idea of economic value creation--a gauge of success that eliminates accounting gimmicks.
  2. For years the Sahara has been regarded by many Europeans as a terra incognita of little economic value or importance.
  3. A change in accounting can't impact underlying economic value, but it can impact whether or not you are meeting what are at the end of the day arbitrarily set capital requirements.

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animosity animosity
/ˌæ nə ˈmɑ sə ti /