exchange value - Übersetzung nach griechisch
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exchange value - Übersetzung nach griechisch

ATTRIBUTE OF A COMMODITY
Exchange-value; Exchange ratio

exchange value         
n. συναλλαγματική αξία
at par         
STATED VALUE OR FACE VALUE
At par; Under par; Over par; Par-value stock; Stock value; Par exchange rate
στην ονομαστική αξία
fair market value         
PRICE OF PROPERTY BETWEEN WILLING AND KNOWLEDGEABLE PARTICIPANTS WHO ARE NOT UNDER STRESS
Fair-market value; Fair Market Value
εύλογος αγοραία αξία

Definition

par value

Wikipedia

Exchange value

In political economy and especially Marxian economics, exchange value (German: Tauschwert) refers to one of the four major attributes of a commodity, i.e., an item or service produced for, and sold on the market, the other three attributes being use value, economic value, and price. Thus, a commodity has the following:

  • a value, represented by the socially necessary labour time to produce it (Note: the first link is to a non-Marxian definition of value);
  • a use value (or utility);
  • an exchange value, which is the proportion at which a commodity can be exchanged for other entities;
  • a price (an actual selling price, or an imputed ideal price).

These four concepts have a very long history in human thought, from Aristotle to David Ricardo, and became more clearly distinguished as the development of commercial trade progressed but have largely disappeared as four distinct concepts in modern economics.

This entry focuses on Marx's summation of the results of economic thought about exchange value.

Beispiele aus Textkorpus für exchange value
1. Any sharp and sustained deterioration in the exchange value of remittances would cause hardship.
2. The present value is fair and the Gulf Cooperation Council is committed to maintaining the present exchange value of its currencies,» SAMA Gov.
3. Iran‘s planners recognize that the heavy use of the dollar in international trade sustains its foreign exchange value by forcing people to hold greater dollar balances than they otherwise would.
4. Some observers mistakenly believe that a marked increase in the exchange value of the Chinese renminbi (RMB) relative to the U.S. dollar would significantly increase manufacturing activity and jobs in the United States.
5. However, Zahar added, "do you think Hamas would keep such an important figure – not because he is Shalit but because of his exchange value – [in the hands of] immature people?