Webster's Online Dictionary
with Multilingual Thesaurus Translation

 
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Common Expressions: EXTRINSIC VALUE

ExpressionsDefinition
Extrinsic valueExtrinsic value is value which arises because of an agreement: Although the intrinsic value of a €100 note is not much more than the value of any similar piece of paper with a pretty picture on it, it has a practical value (an extrinsic value) of €100. If its issuing authority were to fail to honor the note's value, it would soon become nearly worthless. This happened recently with the Argentinian peso. (references)

Source: compiled by the editor from various references; see credits.

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Specialty Expressions: EXTRINSIC VALUE

ExpressionsDomainDefinition
Extrinsic ValueBusinessSee Time Value. (references)
Extrinsic valueFinanceThe chance that an option will become more valuable before it expires. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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