Many of the terms defined in this dictionary address, directly or indirectly, the concept of value. Indeed design can be understood as being a value-adding and value-negotiating process. Value is a very basic and broad concept. It relates to the worth that we humans ascribe to anything and for almost any reason.
If you were to think of any reason that some thing, someone, some feeling, some experience might be of some worth, importance, or significance then you have placed a value on it. Value is most commonly understood to represent the amount of money (or other “in-kind” currency) that it takes to complete an exchange to buy, to rent, to employ, and so on.
2. May 2008
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