worth

(adjective)

It is having a value of; proper to be exchanged for.

Related Terms

  • Social Exchange Theory
  • rewards

Examples of worth in the following topics:

  • Wealth

    • Wealth is commonly measured in terms of net worth, which is the sum of all assets, including home equity, minus all liabilities.
    • Wealth in the United States is commonly measured in terms of net worth, which is the sum of all assets, including home equity, minus all liabilities.
    • For white families, home ownership is worth, on average, $60,000 more than it is worth for black families.
    • This graph shows changes in the average net worth of families in each decile of the U.S. income hierarchy.
    • In recent years, the average net worth of high-income families has grown significantly more than that of middle and lower-income families.
  • Single-Period Investment

    • The time value of money framework says that money in the future is not worth as much as money in the present.
    • The difference between what the money is worth today and what it will be worth at a point in the future can be quantified.
    • That is, it tells you what a single payment is worth today, but not what a series of payments is worth today (that will come later). relates all of the variables together.
  • Defining the Time Value of Money

    • The Time Value of Money is the concept that money is worth more today that it is in the future.
    • It states that money today is worth more than money in the future.
    • There is some value, however, that you could be paid in one year that would be worth the same to you as $500 today.
    • This is what the money is worth right now.
    • This is what $500 today is worth after the time period (t)- one year in this example.
  • Importance of the Time Value of Money

    • A business does not want to know just what an investment is worth today­it wants to know the total value of the investment.
    • What is the investment worth in total?
    • By figuring out how much option 2 is worth today (through a process called discounting), you'll be able to make an apples-to-apples comparison between the two options.
    • If option 2 turns out to be worth less than $5,000,000 today, you should choose option 1, or vice versa.
    • But you also know that you can go to Bank 2 and get a guaranteed 6% interest rate, so your money is actually worth 6% a year for every year you don't have it.
  • Entrepreneur assessment survey

    • Worth 1 Point
    • Worth 1 Point
    • Worth 1 Point
    • Worth 1 Point
    • Worth 1 Point
  • Introduction to Motors and Pumps

    • (Hawken, Paul, Lovins, Amory, and Lovins, Hunter, Natural Capitalism) A new electric motor purchased for $1,500, for example, can cost as much as $13,000 a year to run and a typical 100 horsepower AC induction motor purchased for $5,000 will use as much as $35,000 worth of electricity in a year.
    • Compare these figures to an older model 100 horsepower motor running continuously at full load (as many motors are designed to do), which can cost $70,000 a year to operate – or an older 20 horsepower motor, which can consume up to $14,000 worth of electricity annually.
    • Even with electricity rates as low as four cents per kilowatt-hour, most 20 horsepower motors (running continuously) use up to $6,000 worth of electricity annually.
  • Bibliography

    • Saunders College Publishing, Fort Worth, 1988.
  • Notes

    • It is worth noting that many historical scientists, philosophers, and statesmen appear racist by late-20th century standards.
  • One more time...

    • I asked them how much the wasted energy was worth compared to the amount of electricity it generated – and at that moment they realized the fault in their idea.
    • Without question, the raw material (wasted fuel) was worth more than the envisioned end product (electricity).
  • Value and Relative Value

    • Value is the worth of goods, and relative value is attractiveness measured in terms of utility of one good relative to another.
    • Value is the worth of goods and services as determined by markets.
    • Often a measure for the worth of goods and services is units of currency such as the US Dollar.
    • The discussion of values all start with one simple question: What is something worth?
    • But then remember that it took economists more than a hundred years to figure it out: something is worth whatever you think it is worth.
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