A by-product is a secondary product derived from a manufacturing process or chemical reaction, often with some economic value.
Consumer surplus is an economic concept that represents the excess value a consumer derives from consuming goods over the amount paid for those goods.
Economic value is the present value of future cash flows expected to be generated by an asset. It provides a measure of the worth of an asset considering its future income and cost streams.
EV can stand for Enterprise Value, Economic Value, or Expected Value, each significant within their respective contexts in finance and accounting.
Intangible value represents non-physical assets that have a significant impact on an entity's worth, such as goodwill, brand recognition, and intellectual properties like trademarks and patents.
Relating to or consisting of money; that which can be valued or assessed in monetary terms. A pecuniary loss is a financial loss, or one that can be quantified in terms of money.
An approach to business planning that prioritizes maximizing the value of shares for shareholders above other business objectives.
Triple Bottom-Line Accounting (TBL) is a method of measuring a company's social and environmental impact in addition to its economic value. This approach evaluates a company's performance through a three-pronged focus: economic profit and loss, corporate social responsibility, and environmental impact.
Value Added refers to the value of a product or output minus the costs of raw materials used in production. Essentially, it represents the increase in value created by the manufacturing process through the application of capital and labor.
Worth refers to the inherent value of a commodity, good, service, or other economic factor. It is often measured beyond mere price in various contexts, such as comparable worth programs that aim for wage equity.
