law of value
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Law of value — The law of value is a concept in Karl Marx s critique of political economy. Most generally, it refers to a regulative principle of the economic exchange of the products of human work: the relative exchange values of those products in trade,… … Wikipedia
value + structural law of value — by David B. Clarke The term value has currency not only in political economy use value, exchange value, surplus value but also in terms of the great humanist criteria of value, the whole civilisation of moral, aesthetic and practical… … The Baudrillard dictionary
value — val·ue 1 / val yü/ n 1 a: a fair return or equivalent in goods, services, or money for something exchanged received good value for the price b: valuable consideration at consideration … Law dictionary
Value Added Tax Act 1994 — (VATA) EC Directive 2006/112/EC (which recast the Sixth VAT Directive (77/388/EEC) with effect from 1 January 2007) is the principal directive governing value added tax and is implemented in the UK by the VATA. It sets out the framework of the… … Law dictionary
value–added tax — value–ad·ded tax n: a tax levied at each addition of value in the processing of a raw material, the performance of a service, or the production and distribution of a commodity with each payer except the consumer reimbursed from payment at the… … Law dictionary
law — / lȯ/ n [Old English lagu, of Scandinavian origin] 1: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority: as a: a command or provision enacted by a legislature see also statute 1 b:… … Law dictionary
value added tax — index ad valorem Burton s Legal Thesaurus. William C. Burton. 2006 value added tax … Law dictionary
value for money — (VfM). In a PPP, VfM means that the project agreement gives a net benefit to the awarding authority, defined in terms of cost, price, quality, quantity, or risk transfer, or a combination of these. Practical Law Dictionary. Glossary of UK, US and … Law dictionary
value-added tax — (VAT) a tax levied on the supply of goods or services in the UK and on the importation of goods into the UK. The imposition of VAT was required as a condition of the UK s entry into the European Community, and the original provisions were… … Law dictionary
value in exchange — index par (face amount) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
value incorrectly — index misconceive Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
