Meaning & use

value for money

noun·EverydayBritish

Last updated

UK/ˌvæljuː fə ˈmʌni/
US/ˌvælju fər ˈmʌni/

Meanings

  1. noununcountable

    The quality of being worth the price you pay; good value compared with the cost.

    Grammar: Uncountable; used without an article. Often in the phrase 'good value for money' or 'value for money' after a linking verb.

    Patterns

    • good value for money
    • be value for money
    • get value for money

    The hotel was basic but offered excellent value for money.

    At that price, the laptop is really good value for money.

    Customers are looking for value for money, not just low prices.

  2. noununcountable

    The benefit or quality you get from something in relation to its cost.

    Grammar: Uncountable; often used after 'get' or 'provide' when talking about what you receive for your money.

    Patterns

    • get value for money
    • provide value for money
    • value for money from something

    You certainly get value for money with this phone.

    The restaurant provides great value for money with its lunch specials.

Common combinations

good value for money
The new supermarket is good value for money.
excellent value for money
The tour was excellent value for money.
offer value for money
This brand offers value for money.
poor value for money
The tickets were poor value for money.

Synonyms and how they differ

good value
More common in American English; it means the same but is slightly less formal.
bargain
A bargain is a single item bought cheaply; value for money describes the general quality of being worth the price.

Opposites

poor valuerip-off

Commonly confused: value for money or value?

value for money vs value

Value alone means the importance or worth of something; value for money specifically compares worth with price.

Practice

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