The noun value has 6 senses (first 4 from tagged texts)
1. (73) value -- (a numerical quantity measured or assigned or computed; "the value assigned was 16 milliseconds")
2. (52) value -- (the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world")
3. (14) value, economic value -- (the amount (of money or goods or services) that is considered to be a fair equivalent for something else; "he tried to estimate the value of the produce at normal prices")
4. (2) value -- (relative darkness or lightness of a color; "I establish the colors and principal values by organizing the painting into three values--dark, medium...and light"-Joe Hing Lowe)
5. value, time value, note value -- ((music) the relative duration of a musical note)
6. value -- (an ideal accepted by some individual or group; "he has old-fashioned values")
Overview of verb value
The verb value has 5 senses (first 3 from tagged texts)
1. (2) value -- (fix or determine the value of; assign a value to; "value the jewelry and art work in the estate")
2. (1) prize, value, treasure, appreciate -- (hold dear; "I prize these old photographs")
3. (1) respect, esteem, value, prize, prise -- (regard highly; think much of; "I respect his judgement"; "We prize his creativity")
4. measure, evaluate, valuate, assess, appraise, value -- (place a value on; judge the worth of something; "I will have the family jewels appraised by a professional")
5. rate, value -- (estimate the value of; "How would you rate his chances to become President?"; "Gold was rated highly among the Romans")