Value/ˈvæljuː/ Definition 1 of 5Pro Tip 1/2Market Influence Value can fluctuate based on demand, rarity, or market trends. The value of vintage cars can skyrocket as they become rarer. Pro Tip 2/2Context Specific Value differs in contexts like insurance, appraisals, or sales. For insurance purposes, the value of her necklace was appraised higher.