Alternative definitions of value: (1) The usefulness of an object. (2) The monetary value of an object. 3) A shortening of the notion of “value consideration”, as in the case of a “counter-value” buyer. 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. On the stock exchange, the par 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. Main entry: Law enforcement in the legal dictionary. This section contains a partial definition of value in the context of law enforcement. At FindLaw.com, we pride ourselves on being the leading source of free legal information and resources on the Internet. Contact us. The FindLaw Legal Dictionary – free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.
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. FindLaw.com Free and reliable legal information for consumers and legal professionals Evidence useful enough to prove something important in a trial. However, the probative value of the evidence proposed must be weighed by the trial judge against the jury`s bias against the opposing party or criminal defendant. A typical dispute arises when the prosecutor wishes to introduce the past conduct of an accused (in particular, a criminal conviction) in order to show a tendency to commit the alleged offence, which is balanced against the defendant`s right to be found guilty of the facts of the case and not to discriminate against him in the mind of the jury because of previous acts. 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. The carrying amount is the value at which an entity`s assets are recorded in its 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. Are you a lawyer? Visit our professional website » Abogado.com The #1 Spanish legal site for consumers Courts have often used the word value without making it clear whether it is 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.