Meaning & use
monetary value
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Meanings
nouncountable or uncountable
the amount of money that something is worth or could be sold for.
Grammar: Often used with 'the': the monetary value of the house. It can be countable when you talk about several values: different monetary values.
Patterns
- the monetary value of something
- have a monetary value
- put a monetary value on something
- a high/low monetary value
The insurance company asked us to estimate the monetary value of the damaged furniture.
These old letters have great sentimental worth, but almost no monetary value.
Economists try to put a monetary value on clean air and safe streets.
noununcountableformal
the worth of something measured in money rather than in other kinds of importance.
Grammar: Used when contrasting money worth with moral, artistic or emotional worth: not everything has a monetary value.
Patterns
- beyond monetary value
- rather than monetary value
For the family, the painting's monetary value mattered far less than its history.
A good reputation has a monetary value that is hard to calculate.
Word forms
| plural | monetary values |
|---|
Common combinations
- the monetary value of something
- The report states the monetary value of each asset.
- put a monetary value on something
- It is difficult to put a monetary value on good health.
- high monetary value
- Coins of high monetary value are kept in a bank vault.
- no monetary value
- The trophy has no monetary value, but the team treasures it.
- estimate the monetary value
- An expert came to estimate the monetary value of the collection.
Synonyms and how they differ
- worth
- More general and common in everyday speech; it can also mean personal value, while 'monetary value' is strictly about money.
- price
- Refers to what a seller asks for something, not to what it is actually worth.
- market value
- A narrower business term meaning the price something would get if sold today.
Opposites
Word family
Commonly confused: monetary value or monitory?
monetary value vs monitory
'Monitory' means giving a warning, as in a monitory letter. It sounds similar but has nothing to do with money.
Practice
Which sentence uses 'monetary value' correctly?
Choose one answer.
'Monetary value' means worth in money, so experts estimating a painting's price before an auction fits. Option 0 is wrong because kindness is not measured in money, and option 2 wrongly uses 'value for' to mean a liking.
Make it your own
Write a sentence using “monetary value”, then check it and compare it with the examples above.