Reference and Value

noun

• A remark that calls attention to something or someone.
  • usage: "she made frequent mention of her promotion"; "there was no mention of it"; "the speaker made several references to his wife"
  • synonyms: mention
• A short note recognizing a source of information or of a quoted passage.
  • usage: "the student's essay failed to list several important citations"; "the acknowledgments are usually printed at the front of a book"; "the article includes mention of similar clinical cases"
  • synonyms: citation, cite, acknowledgment, credit, mention, quotation
• An indicator that orients you generally.
  • usage: "it is used as a reference for comparing the heating and the electrical energy involved"
  • synonyms: reference point, point of reference
• A book to which you can refer for authoritative facts.
  • usage: "he contributed articles to the basic reference work on that topic"
  • synonyms: reference book, reference work, book of facts
• A formal recommendation by a former employer to a potential future employer describing the person's qualifications and dependability.
  • usage: "requests for character references are all too often answered evasively"
  • synonyms: character, character reference
• The most direct or specific meaning of a word or expression; the class of objects that an expression refers to.
  • usage: "the extension of `satellite of Mars' is the set containing only Demos and Phobos"
  • synonyms: denotation, extension
• The act of referring or consulting.
  • usage: "reference to an encyclopedia produced the answer"
  • synonyms: consultation
• A publication (or a passage from a publication) that is referred to.
  • usage: "he carried an armful of references back to his desk"; "he spent hours looking for the source of that quotation"
  • synonyms: source
• Computer science. ( the code that identifies where a piece of information is stored)
  • synonyms: address, computer address
• The relation between a word or phrase and the object or idea it refers to.
  • usage: "he argued that reference is a consequence of conditioned reflexes"

verb

• Refer to.
  • usage: "he referenced his colleagues' work"
  • synonyms: cite

• (n.) One who or that which, is referred to.
• (n.) The process of sending any matter, for inquiry in a cause, to a master or other officer, in order that he may ascertain facts and report to the court.
• (n.) Relation; regard; respect.
• (n.) The act of submitting a matter in dispute to the judgment of one or more persons for decision.
• (n.) Appeal.
• (n.) That which refers to something; a specific direction of the attention; as, a reference in a text-book.
• (n.) A work or a passage in a work, to which one is referred.
• (n.) One of whom inquires can be made as to the integrity, capacity, and the like, of another.
• (n.) The act of referring or the state of being referred; as, reference to a chart for guidance.

noun

• A numerical quantity measured or assigned or computed.
  • usage: "the value assigned was 16 milliseconds"
• The quality (positive or negative) that renders something desirable or valuable.
  • usage: "the Shakespearean Shylock is of dubious value in the modern world"
• The amount (of money or goods or services) that is considered to be a fair equivalent for something else.
  • usage: "he tried to estimate the value of the produce at normal prices"
  • synonyms: economic value
• Relative darkness or lightness of a color. "I establish the colors and principal values by organizing the painting into three values-dark, medium... And light-Joe Hing Lowe
• Music) the relative duration of a musical note.
  • synonyms: time value, note value
• An ideal accepted by some individual or group.
  • usage: "he has old-fashioned values"

verb

• Fix or determine the value of; assign a value to.
  • usage: "value the jewelry and art work in the estate"
• Hold dear.
  • usage: "I prize these old photographs"
  • synonyms: prize, treasure, appreciate
• Regard highly; think much of.
  • usage: "I respect his judgement"; "We prize his creativity"
  • synonyms: respect, esteem, prize, prise
• Evaluate or estimate the nature, quality, ability, extent, or significance of.
  • usage: "I will have the family jewels appraised by a professional"; "access all the factors when taking a risk"
  • synonyms: measure, evaluate, valuate, assess, appraise
• Estimate the value of.
  • usage: "How would you rate his chances to become President"; "Gold was rated highly among the Romans"
  • synonyms: rate

• (n.) Degree of lightness as conditioned by the presence of white or pale color or their opposites.
• (n.) That property of a color by which it is distinguished as bright or dark; luminosity.
• (n.) Any particular quantitative determination; as, a function's value for some special value of its argument.
• (n.) The valuable ingredients to be obtained by treatment from any mass or compound; specifically, the precious metals contained in rock, gravel or the like; as, the vein carries good values; the values on the hanging walls.
• (n.) Worth estimated by any standard of purchasing power, especially by the market price or the amount of money agreed upon as an equivalent to the utility and cost of anything.
• (v.t.) To raise to estimation; to cause to have value, either real or apparent; to enhance in value.
• (n.) Valor.
• (n.) Precise signification; import; as, the value of a word; the value of a legal instrument.
• (v.t.) To be worth; to be equal to in value.
• (n.) The relative length or duration of a tone or note, answering to quantity in prosody; thus, a quarter note [/] has the value of two eighth notes [/].
• (n.) Esteem; regard.
• (v.t.) To estimate the value or worth, of; to rate at a certain price; to appraise; to reckon with respect to number, power, importance, etc.
• (n.) The property or aggregate properties of a thing by which it is rendered useful or desirable or the degree of such property or sum of properties; worth; excellence; utility; importance.
• (n.) In an artistical composition, the character of any one part in its relation to other parts and to the whole; -- often used in the plural; as, the values are well given or well maintained.
• (v.t.) To rate highly; to have in high esteem; to hold in respect and estimation; to appreciate; to prize; as, to value one for his works or his virtues.

value is the measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability. Cost does not equal value nor does equity. There are various types of value, such as market value, tax assessed value, book value, insurance value, use value, par value, rental value and replacement value. By far, the type of value used for the largest number of real estate transactions is market value.