value

n 1: a numerical quantity measured or assigned or computed; "the value assigned was 16 milliseconds"

2: the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world"

3: the amount (of money or goods or services) that is considered to be a fair equivalent for something else; "he tried to estimate the value of the produce at normal prices" syn economic value

4: relative darkness or lightness of a color; "I establish the colors and principal values by organizing the painting into three values--dark, medium...and light"-Joe Hing Lowe

5: (music) the relative duration of a musical note syn time value, note value

6: an ideal accepted by some individual or group; "he has old-fashioned values"

v 1: fix or determine the value of; assign a value to; "value the jewelry and art work in the estate"

2: hold dear; "I prize these old photographs" syn prize, treasure, appreciate

3: regard highly; think much of; "I respect his judgement"; "We prize his creativity" syn respect, esteem, prize, prise ant disrespect, disrespect

4: place a value on; judge the worth of something; "I will have the family jewels appraised by a professional" syn measure, evaluate, valuate, assess, appraise

5: estimate the value of; "How would you rate his chances to become President?"; "Gold was rated highly among the Romans" syn rate

Source: WordNet. Princeton University