Valor is a masculine noun that, depending on the context, can have different meanings:
Value is the quality attributed to those who have talent, prestige, competence, virtue, merit or intrinsic worthiness.
Value is a quality given to whoever have bravery, courage and courage.
In the figurative sense, value is the importance given to those who have esteem, affection, appreciation and consideration.
value is the price, the cost, the amount, the money estimate of something. It is the fair cash equivalent of what can be bought or sold. It's the market price. It is the representative role of money. The expression “of value” is used as a reference to that which has a high price.
Valor, in Political Economy, is the relationship between the intensity of man's economic needs and the quantities of goods available to satisfy them.
Nominal value
The nominal value, in economics, is the value that the government arbitrarily assigns to metallic coins and paper money. In commerce, it is the value at which a bond is issued and declared in it.
market value
Market value is an estimated value that is attributed to the price of certain goods. For the government, the market value is the price that serves as a basis for calculating taxes and also as a reference for the payment of judicial or administrative proceedings.
See more about the meaning of market value.
Absolute value
The absolute value is the value that the number represents regardless of the position it is in, it is its real value. For example: The absolute value of 5 in the number 528 is 5. The relative value of the same number 5 is 500.
