13-letter words containing value
- at face value — If you take something at face value, you accept it and believe it without thinking about it very much, even though it might be untrue.
- call-by-value — (CBV) An evaluation strategy where arguments are evaluated before the function or procedure is entered. Only the values of the arguments are passed and changes to the arguments within the called procedure have no effect on the actual arguments as seen by the caller. See applicative order reduction, call-by-value-result, strict evaluation, call-by-name, lazy evaluation.
- family values — belief in traditional family unit
- for values of — (jargon) A common rhetorical maneuver at MIT is to use any of the canonical random numbers as placeholders for variables. "The max function takes 42 arguments, for arbitrary values of 42". "There are 69 ways to leave your lover, for 69 = 50". This is especially likely when the speaker has uttered a random number and realises that it was not recognised as such, but even "non-random" numbers are occasionally used in this fashion. A related joke is that pi equals 3 - for small values of pi and large values of 3. This usage probably derives from the programming language MAD (Michigan Algorithm Decoder), an ALGOL-like language that was the most common choice among mainstream (non-hacker) users at MIT in the mid-1960s. It had a control structure FOR VALUES OF X = 3, 7, 99 DO ... that would repeat the indicated instructions for each value in the list (unlike the usual FOR that generates an arithmetic sequence of values). MAD is long extinct, but similar for-constructs still flourish (e.g. in Unix's shell languages).
- loan-to-value — the ratio between the sum of money lent in a mortgage agreement and the lender's valuation of the property involved
- nominal value — book or par value, as of securities; face value.
- novelty value — value through being new and previously unknown
- present value — current monetary worth
- ratable value — (formerly) a fixed value assigned to a property by a local authority, on the basis of which variable annual rates are charged
- single-valued — (of a function) having the property that each element in the domain has corresponding to it exactly one element in the range.
- surplus value — (in Marxian economics) the part of the value of a commodity that exceeds the cost of labor, regarded as the profit of the capitalist.
- valued policy — a policy in which the company and the policyholder agree to the amount to be paid in the event of total loss of property, regardless of the value of the property.
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