FAQs

Value

The importance, worth, or usefulness of something.

Source: SVI Glossary 2.0

Value is defined as the importance, worth, or usefulness of something. While in financial accounting terms, valuation is understood to mean monetization, value can come in various forms, many of which are intangible. This value can have economic, social, environmental, cultural, or spiritual aspects and can be expressed in qualitative, quantitative, or monetary terms.

Source: Value Commission