The courts have often used the word value without making it clear whether it was use value or market value. In general, however, courts and civil parties are concerned about market value. While courts may refer to disposable value, actual value, fair value, fair value and present value, these terms are synonymous with market value. VALUE, customary law. This term has two different meanings. It sometimes expresses the usefulness of an object and sometimes the power to buy other goods with it. The first can be called use value, the second countervalue. 2. Value differs from price. The latter is applied to live bovine animals and animals; A declaration of removal of bovine animals should therefore indicate that they have such a price; And in a statement of having taken dead things or those that never had life, it should have such value. 2 Lilly is. 620. On the stock exchange, the nominal value is the nominal value of the share; It is calculated by dividing the total declared share capital by the number of authorized shares.
The declared value is the value of the share par value determined by the Company as the capital of the Company. The word value has several meanings and can be used in different meanings. Since value is usually a relative concept, its true meaning must be determined by the context in which it appears. n.1) Payment or money. (2) As an essential element of contract law, consideration is an advantage that must be negotiated between the parties and is the essential reason for the conclusion of a contract by a party. The consideration must have value (at least for the parties) and is exchanged for performance or promise of performance by the other party (this performance itself is consideration). In a contract, a consideration (given thing) is exchanged for another consideration. Not doing an action (abstaining) can be a consideration, for example: „I`m going to pay you $1,000 not to build a road next to my fence.“ Sometimes the consideration is „nominal,“ meaning it is only indicated for the form, such as „$10 in exchange for transfer of ownership,“ which is used to hide the actual amount paid. Contracts may become unenforceable or cancelled (cancelled) for „non-compliance“ if it is determined that the intended consideration is worth less than expected, damaged or destroyed, or that the service is not properly performed (e.g., if the mechanic does not operate the car properly).
Acts that are so unlawful or immoral as to be contrary to established public policy may not be used as a counterpart to enforceable contracts. Examples: prostitution, gambling, where prohibited, hiring someone to break a skater`s knee or getting someone to break an agreement (getting someone to withdraw from a promise). The legally defined value of the document or record. Legal proof of a power of attorney or business transaction, enforceable rights or obligations, or the basis of a claim any other legal value. Value is also used in various expressions in business and commercial use. The term actual present value is used in insurance to refer to the cost of purchasing new replacement assets less normal depreciation, although it may also be determined by the current market value of similar assets or by the cost of replacing or repairing the asset. Cash value is used in life insurance to refer to the amount that the insurer pays to the policyholder if the policy is cancelled before the death of the insured. Value sometimes expresses the inherent utility of an object and sometimes the power to buy other goods with it. The first is called Use Value, the second Use Value. Use value is the use of an object for the direct or indirect satisfaction of man`s needs or desires. Value in exchange is the quantity of commodities, usually represented by money, for which a thing can be exchanged in an open market. This concept is generally referred to as market value.
The carrying amount is the value at which an entity`s assets are recorded in the entity`s books. The carrying amount of a capital asset is determined by deducting accumulated depreciation from the cost of the asset. Book value can also refer to a company`s net assets, which are calculated by deducting liabilities from assets. The liquidation value is the value of a corporation or asset when it is sold outside the ordinary course of business, such as when a corporation is liquidated. Estimated or estimated value of an object or property, calculated in money. If you want to invest in a financial product, you need to understand different financial terms. Failure to do so could result in losses.
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