Fordham University Definition of Value Question

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Business Finance

The top two definitions of value in the Merriam-Webster dictionary is 1) the monetary worth of something, and 2) a fair return or equivalent in goods, services, or money for something exchanged. Please answer the two questions below (at least one paragraph for each question and no more than one page for the assignment).

Questions: 1) In your own words, what is your definition of value? 2) What holds value in the real estate?