Black's Law Dictionary (2nd edition)dictionaries

Value

The utility of an object in sat-jsfylng, directly or indirectly, the needs or desires of human beings, called by economists “valne in use;” or its worth consisting in the power of purchasing other objects, called “value in exchange.” Also the estimated or appraised worth of any object of property, Calculated in money

Source: Black's Law Dictionary 2nd Ed (1910)