Value vs. Merit: What's the Difference?
"Value" refers to the worth or importance of something, while "Merit" refers to the quality of being particularly good or worthy. They differ in that value is the perceived worth, and merit is the inherent quality or worthiness.
"Value" and "Merit" are terms often used to describe the worth or quality of something, each with its distinct implication. Value is a more versatile term and can refer to the monetary worth of an item, the importance or usefulness of something, or the principles one holds dear. It is often subjective, varying from person to person based on individual needs, preferences, and moral compass. In contrast, Merit refers to the deservingness or excellence of an individual or thing, usually determined by performance or inherent qualities. It is associated with worthiness and is often used to evaluate a person’s actions, abilities, or achievements.
Discussing further, Value can be both intrinsic and extrinsic, indicating the inherent worth of something or the assigned worth based on external factors. It can be a deeply personal concept, representing one’s beliefs and priorities, affecting decision-making processes. Merit, on the other hand, is typically a reflection of quality, competence, and achievement. It can be seen as an objective assessment, and it is often rewarded or acknowledged, such as through merit-based scholarships or awards, which recognize individuals for their accomplishments or abilities.
Delving into implications, the concept of Value can influence societal structures, economic systems, and individual behaviors. It is a driving force behind human actions, reflecting what people deem important or worthwhile, shaping choices and perspectives. Conversely, Merit often serves as a standard of evaluation, assessing the worthiness or excellence of an individual or action. It plays a pivotal role in various domains like education and employment, where meritocratic systems aim to reward and promote individuals based on their skills, knowledge, and accomplishments.
In summary, while Value is a multifaceted concept reflecting importance, worth, or principles, Merit is an assessment of quality, excellence, or worthiness. Value encompasses a wide range of perceptions and is subjective and versatile, while Merit is more objective, focusing on the inherent worthiness or achievements of an individual or thing.
The worth, importance, or principles of something.
The quality of being particularly good or worthy.
Subjective and versatile.
More objective, based on inherent qualities or achievements.
Can be applied to items, concepts, or principles.
Often applied to individual achievements or qualities.
Reflects worth or importance based on individual perception.
Reflects deservingness or excellence based on assessment.
Influences preferences, decisions, and behaviors.
Serves as a standard for evaluation and acknowledgment.
Value and Merit Definitions
An amount, as of goods, services, or money, considered to be a fair and suitable equivalent for something else; a fair price or return.
The quality of being particularly good or worthy.
The theory has the merit of being testable.
Monetary or material worth
The fluctuating value of gold and silver.
A commendable quality or act.
One merit of the plan is its simplicity.
Worth in usefulness or importance to the possessor; utility or merit
The value of an education.
Worthiness or excellence.
The merit of the employees was recognized.
Often values A principle or standard, as of behavior, that is considered important or desirable
"The speech was a summons back to the patrician values of restraint and responsibility" (Jonathan Alter).
Superior quality or worth; excellence
A proposal of some merit.
An ill-advised plan without merit.
Precise meaning or import, as of a word.
A quality deserving praise or approval; virtue
A store having the merit of being open late.
(Mathematics) A quantity or number expressed by an algebraic term.
Demonstrated ability or achievement
Promotions based on merit alone.
(Music) The relative duration of a tone or rest.
Often merits An aspect of character or behavior deserving approval or disapproval
Judging people according to their merits.
The relative darkness or lightness of a color. See Table at color.
In various religions, spiritual credit granted for good works.
(Linguistics) The sound quality of a letter or diphthong.
(Law) The factors to be considered in making a substantive decision in a case, independent of procedural or technical aspects
A trial on the merits.
One of a series of specified values
Issued a stamp of new value.
The factual content of a matter, apart from emotional, contextual, or formal considerations.
To determine or estimate the worth or value of; appraise.
To earn; deserve.
To regard highly; esteem
I value your advice.
To be worthy or deserving
Pupils are rewarded or corrected, as they merit.
To rate according to relative estimate of worth or desirability; evaluate
Valued health above money.
(countable) A claim to commendation or a reward.
To assign a value to (a unit of currency, for example).
(countable) A mark or token of approbation or to recognize excellence.
For her good performance in the examination, her teacher gave her ten merits.
Of or relating to the practice of investing in individual securities that, according to some fundamental measure, such as book value, appear to be relatively less expensive than comparable securities.
Something deserving or worthy of positive recognition or reward.
His reward for his merit was a check for $50.
Relating to or consisting of principles or standards
A value system.
The sum of all the good deeds that a person does which determines the quality of the person's next state of existence and contributes to the person's growth towards enlightenment.
To acquire or make merit
The quality (positive or negative) that renders something desirable or valuable.
The Shakespearean Shylock is of dubious value in the modern world.
Usually in the plural form the merits: the substantive rightness or wrongness of a legal argument, a lawsuit, etc., as opposed to technical matters such as the admissibility of evidence or points of legal procedure; (by extension) the overall good or bad quality, or rightness or wrongness, of some other thing.
Even though the plaintiff was ordered by the judge to pay some costs for not having followed the correct procedure, she won the case on the merits.
(uncountable) The degree of importance given to something.
The value of my children's happiness is second only to that of my wife.
The quality or state of deserving retribution, whether reward or punishment.
That which is valued or highly esteemed, such as one's morals, morality, or belief system.
He does not share his parents' values.
(transitive) To deserve, to earn.
Her performance merited wild applause.
The amount (of money or goods or services) that is considered to be a fair equivalent for something else.
(intransitive) To be deserving or worthy.
They were punished as they merited.
(music) The relative duration of a musical note.
The value of a crotchet is twice that of a quaver.
(arts) The relative darkness or lightness of a color in (a specific area of) a painting etc.
The quality or state of deserving well or ill; desert.
Here may men see how sin hath his merit.
Be it known, that we, the greatest, are misthoughtFor things that others do; and when we fall,We answer other's merits in our name.
Any definite numerical quantity or other mathematical object, determined by being measured, computed, or otherwise defined.
The exact value of pi cannot be represented in decimal notation.
The quality or state of deserving well; worth; excellence.
Reputation is . . . oft got without merit, and lost without deserving.
To him the wit of Greece and Rome was known,And every author's merit, but his own.
Precise meaning; import.
The value of a word; the value of a legal instrument
Reward deserved; any mark or token of excellence or approbation; as, his teacher gave him ten merits.
Those laurel groves, the merits of thy youth.
(in the plural) The valuable ingredients to be obtained by treating a mass or compound; specifically, the precious metals contained in rock, gravel, etc.
The vein carries good values.
The values on the hanging walls
To earn by service or performance; to have a right to claim as reward; to deserve; sometimes, to deserve in a bad sense; as, to merit punishment.
(obsolete) Esteem; regard.
(obsolete) Valour; also spelled valew.
To acquire desert; to gain value; to receive benefit; to profit.
To estimate the value of; judge the worth of something.
I will have the family jewels valued by a professional.
Any admirable quality or attribute;
Work of great merit
To fix or determine the value of; assign a value to, as of jewelry or art work.
The quality of being deserving (e.g., deserving assistance);
There were many children whose deservingness he recognized and rewarded
To regard highly; think much of; place importance upon.
Gold was valued highly among the Romans.
Be worthy or deserving;
You deserve a promotion after all the hard work you have done
To hold dear.
I value these old photographs.
Deserving reward or praise.
The suggestion is of little merit.
The property or aggregate properties of a thing by which it is rendered useful or desirable, or the degree of such property or sum of properties; worth; excellence; utility; importance.
Ye are all physicians of no value.
Ye are of more value than many sparrows.
Cæsar is well acquainted with your virtue,And therefore sets this value on your life.
Before events shall have decided on the value of the measures.
Virtuousness or righteousness.
The merit of her argument was recognized by all.
Worth estimated by any standard of purchasing power, especially by the market price, or the amount of money agreed upon as an equivalent to the utility and cost of anything.
An article may be possessed of the highest degree of utility, or power to minister to our wants and enjoyments, and may be universally made use of, without possessing exchangeable value.
Value is the power to command commodities generally.
Value is the generic term which expresses power in exchange.
His design was not to pay him the value of his pictures, because they were above any price.
Precise signification; import; as, the value of a word; the value of a legal instrument
My relation to the person was so near, and my value for him so great
The relative length or duration of a tone or note, answering to quantity in prosody; thus, a quarter note [ ] has the value of two eighth notes [ ].
In an artistical composition, the character of any one part in its relation to other parts and to the whole; - often used in the plural; as, the values are well given, or well maintained.
That property of a color by which it is distinguished as bright or dark; luminosity.
Any particular quantitative determination; as, a function's value for some special value of its argument.
The valuable ingredients to be obtained by treatment from any mass or compound; specif., the precious metals contained in rock, gravel, or the like; as, the vein carries good values; the values on the hanging walls.
To estimate the value, or worth, of; to rate at a certain price; to appraise; to reckon with respect to number, power, importance, etc.
The mind doth value every moment.
The queen is valued thirty thousand strong.
The king must take it ill,That he's so slightly valued in his messenger.
Neither of them valued their promises according to rules of honor or integrity.
To rate highly; to have in high esteem; to hold in respect and estimation; to appreciate; to prize; as, to value one for his works or his virtues.
Which of the dukes he values most.
To raise to estimation; to cause to have value, either real or apparent; to enhance in value.
Some value themselves to their country by jealousies of the crown.
To be worth; to be equal to in value.
The peace between the French and us not valuesThe cost that did conclude it.
A numerical quantity measured or assigned or computed;
The value assigned was 16 milliseconds
The quality (positive or negative) that renders something desirable or valuable;
The Shakespearean Shylock is of dubious value in the modern world
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
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
(music) the relative duration of a musical note
An ideal accepted by some individual or group;
He has old-fashioned values
Fix or determine the value of; assign a value to;
Value the jewelry and art work in the estate
I prize these old photographs
Regard highly; think much of;
I respect his judgement
We prize his creativity
Place a value on; judge the worth of something;
I will have the family jewels appraised by a professional
Estimate the value of;
How would you rate his chances to become President?
Gold was rated highly among the Romans
The importance or worth of something.
He sees great value in kindness.
Monetary worth of an item or service.
The value of the car depreciated over time.
A principle or standard of behavior.
Honesty is a core value for her.
The usefulness or significance of something.
The nutritional value of fruits is high.
The regard or esteem something is held to deserve.
The value of hard work cannot be overstated.
Q: Is value subjective?
A: Yes, value is often subjective, varying based on individual perceptions and needs.
Q: Is merit an assessment of quality?
A: Yes, merit is an assessment of the quality or worthiness of an individual or thing.
Q: Can value be both intrinsic and extrinsic?
A: Yes, value can be intrinsic, reflecting inherent worth, or extrinsic, assigned based on external factors.
Q: What does value primarily indicate?
A: Value primarily indicates the worth, importance, or principles of something.
Q: Can merit be based on accomplishments?
A: Yes, merit is often based on individual accomplishments or demonstrated abilities.
Q: Is merit a standard for evaluation?
Q: Is merit more objective than value?
A: Generally, merit is considered more objective as it assesses inherent qualities or achievements.
Q: Does merit play a role in education?
A: Yes, merit plays a crucial role in education through meritocratic systems and merit-based awards.
Q: Can the value of an item depreciate?
A: Yes, the value of an item, especially monetary value, can depreciate over time.
Q: Can merit be rewarded?
A: Yes, merit is often rewarded through things like merit-based scholarships or awards.
Q: Can value reflect personal beliefs?
A: Absolutely, value can reflect one’s personal beliefs, principles, or moral standards.
Q: Does value influence human behavior?
A: Indeed, value significantly influences human choices, actions, and behaviors.
Written bySawaira Riaz
Sawaira is a dedicated content editor at difference.wiki, where she meticulously refines articles to ensure clarity and accuracy. With a keen eye for detail, she upholds the site's commitment to delivering insightful and precise content.
Edited bySumera Saeed
Sumera is an experienced content writer and editor with a niche in comparative analysis. At Diffeence Wiki, she crafts clear and unbiased comparisons to guide readers in making informed decisions. With a dedication to thorough research and quality, Sumera's work stands out in the digital realm. Off the clock, she enjoys reading and exploring diverse cultures.