economic value economic value


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


  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.


Word of the Day
repudiate repudiate
/ri ˈpju di ˌeɪt /