交こう換かん価か値ち

noun

exchange value

Economic term referring to the value of a good or service in terms of what it can be exchanged for, as opposed to its use value.

• マルクス経けい済ざい学がくでは、商しょう品ひんの交こう換かん価か値ちは労ろう働どう量りょうによって決きまるとされる。

  In Marxian economics, the exchange value of a commodity is said to be determined by the amount of labor.