Emily Dickinson Lexicon

VAL'UE, n. [val'u; Fr. valoir, valu; from L. valor, from valeo, to be worth; It. valore; Sp. valor.]

1. Worth; that property or those properties of a thing which render it useful or estimable; or the degree of that property or of such properties. The real value of a thing is its utility, its power or capacity of procuring or producing good. Hence the real or intrinsic value of iron, is far greater than that of gold. But there is, in many things, an estimated value, depending on opinion or fashion, such as the value of precious stones. The value of land depends on its fertility, or on its vicinity to a market, or on both.
2. Price; the rate of worth set upon a commodity, or the amount for which a thing is sold. We say, the value of a thing is what it will bring in market.
3. Worth; applied to persons. Ye are all physicians of no value. Job xiii. Ye are of more value than many sparrows. Matth. x.
4. High rate. Cesar is well acquainted with your virtue, / And therefore sets this value on your life. – Addison.
5. Importance; efficacy in producing effects; as, considerations of no value. Before events shalt have decided on the value of the measures. – Marshall.
6. Import; precise signification; as, the value of a word or phrase. – Mitford.