In political economy and especially Marxian economics, exchange value (German: Tauschwert) refers to one of the four major attributes of a commodity, i...

be exchanged. From this analysis came the concepts value in use and value in exchange. Value is linked to price through the mechanism of exchange. When...

The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially...

the fluctuating exchange value of commodities (exchangeable products) is regulated by their value, where the magnitude of their value is determined by...

economy, any commodity has a value and a use-value — the former manifestly appearing as exchange-value in any exchange-relation in which bearers of commodities...

A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary...

social form (as an object of value) is not. Marx intended to correct errors by the classical economists in defining exchange, value, money and capital, by showing...

floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which a currency's value is allowed...

traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price...

use-value of something can only change in quality, the exchange-value can only change in quantity. Marx then explains that a commodity's exchange-value merely...

proposed the theory of sign value as a philosophic and economic counterpart to the dichotomy of exchange-value vs. use-value, which Karl Marx recognized...

commodities. Accordingly, in addition to having use value, commodities must have an "exchange value"—a value that could be expressed in the market. Prior to...

as the ratio of the "normalized Exchange Value of Currency i against the US dollar" to the normalized exchange value of the "benchmark currency basket"...

unchanged (for bosons) when two particles are exchanged. The exchange symmetry alters the expectation value of the distance between two indistinguishable...

time in Marx's critique of political economy is what regulates the exchange value of commodities in trade. In short, socially necessary labour time refers...

called "value in use;" the other, "value in exchange." The things which have the greatest value in use have frequently little or no value in exchange; on...

exchange or wins the exchange, while the opponent who captures the lower-valued piece is down the exchange or loses the exchange. Exchanges occur very frequently...

The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of...

commodification, which is the concept of objects or services being assigned an exchange value which they did not previously possess by their being produced and presented...

between use value—the utility or satisfaction a commodity provides—and exchange value—the proportion at which one commodity can be exchanged with another...

sacrificed the exchange value of this money, and is compensated for it in the form of interest. The initial amount of borrowed funds (the present value) is less...

"no intrinsic value" but rather exchange values which facilitate a measurable value of exchange. The market measures or sets the real value of various goods...

"Exchange Value" (1981) is a short story by American writer Charles R. Johnson. Set in Chicago, where Johnson himself lived for a time, this story addresses...

calculated as a ratio of the normalized exchange value of currency against the US dollar to the normalized exchange value of the benchmark currency basket against...

currency. Foreign-exchange reserves is generally used to intervene in the foreign exchange market to stabilize or influence the value of a country's currency...

Fixed (or pegged) exchange rate regimes exist when a country sets the value of its home currency directly proportional to the value of another currency...

try to economise its use. A commodity also has a use value and an exchange value. It has a use value because, by its intrinsic characteristics, it can satisfy...

The London Stock Exchange (LSE) is a stock exchange based in London, England. As of July 2024,[update] the total market value of all companies trading...

adopted in many businesses around the world as an effective way to exchange value between companies and customers. Token money as a system is predominantly...

use-value and exchange-value. Use-value is the usefulness of a commodity. Exchange-value is the proportion by which use-values of one kind are exchanged for...