Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. The real value of an item is its nominal ...

Value refers to the fair measurement of the worth of an asset, good or service. Value is commonly expressed in monetary terms as a number or quantity set by the consensus of market participants.

All businesses have the goal of making a profit, which requires selling goods or services for more money than it costs to develop, produce and distribute them. The selling price that a business asks ...