Value in use

Updated: Aug 20, 2021

The value of an item to the person using it. This may be quite different from the sale price. A piece of equipment or machinery might have no saleable value, due to the difficulty of dismantling it, but to the person currently using it, it may have considerable value, producing goods for sale.

Reference: The Penguin Business Dictionary, 3rd edt.

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.