The phrase "is valued at" refers to the estimation or assessment of the worth, importance, or monetary value assigned to a particular item, entity, or concept. It denotes the significance or desirability attributed to something based on various factors such as market demand, perceived benefits, subjective judgment, or determined by objective measurements.
When an item, whether tangible or intangible, "is valued at" a specific amount, it means that its worth or price has been appraised, either through an official valuation process or informal evaluation. This assessment can be influenced by numerous factors, including rarity, condition, historical significance, utility, aesthetics, or even emotional attachment.
The phrase is commonly used in financial contexts to describe the market capitalization or net worth of a company, determining its overall value in terms of its stocks, assets, and liabilities. Similarly, it is employed in real estate when describing the assessed value of a property for taxation or sale purposes.
Furthermore, "is valued at" can also express the esteem or respect held for an individual or their abilities, particularly in professional or personal relationships. This form of valuation typically considers someone's skills, accomplishments, expertise, and their contributions, both quantifiable and subjective.
In summary, "is valued at" represents the act of determining and quantifying the worth, significance, or appraisal of an object, concept, or person, often based on financial, market, or subjective criteria.
