TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

VALUE EXCHANGE [1 record]

Record 1 2005-01-12

English

Subject field(s)
  • Laws of the Market (Economy)
DEF

The worth or usefulness of a good or service expressed in terms of either a specific sum of money (called its price) or a certain quantity of some other good or service.

OBS

To an economist, the "exchange value" or price of a commodity or service, i.e. the power it possesses of acquiring other goods or services by means of exchange. (...) Value depends in the first instance on demand in relation to supply.

French

Domaine(s)
  • Lois du marché (Économie)
DEF

Estimation de la valeur économique d'un bien ou d'un service en fonction des possibilités d'échanger celui-ci contre un autre bien ou service.

Spanish

Campo(s) temático(s)
  • Leyes del mercado (Economía)
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