The actual benefit an object makes available to its owner; it is not synonymous with price and does not alone encompass emotional or aesthetic value.
Do We Own Things, or Guard Them?Source cited by the articleWords that help us understand
All conceptsUse value
Meanings in context, with links to the articles and sources in which they appear.
An object’s usefulness in use, distinguished from its exchange price. Used here for what remains useful despite a low price, in connection with Locke’s discussion of use and exchange; the article adopts no complete economic theory of value.
Does Owning Something Permit Us to Waste It?Source cited by the article