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The phrase "abstract value" is correct and usable in written English.
It can be used in contexts discussing concepts, theories, or philosophical ideas that are not tangible or concrete.
Example: "In economics, the concept of abstract value helps us understand the worth of goods beyond their physical attributes."
Alternatives: "theoretical value" or "conceptual value".
Exact(26)
Without any chance of realising a price at Sotheby's or Christie's, gangsters attribute a completely notional, abstract value of their own to it.
In "Democracy in America," de Tocqueville observed that Americans esteemed the arts and sciences more for their practical applications than for their abstract value — hence the popularity of newspapers, religious treatises, and self-help books.
The lock has an abstract value that gives the owner an assurance that they have sufficiently protected themselves.
Whereas cost is typically readily assessed, the gain of finding a hit represents a more abstract value.
Such bearers of value are valuable in virtue of the abstract value or values they instantiate or display (so, for example, an institution might be valuable in virtue of the liberty or equality that it engenders or embodies).
Oddly enough, the market also privileges "art" with the most inviolable concentrations of abstract value.
Similar(34)
What are abstract values?
And once you had abstract values, you had mathematics, and then it wasn't long before there was a market.
Now, fewer people are pegging their dream to material success and more are pegging it to abstract values.
They are more open-minded, more concerned about their children's future, more influenced by abstract values than traditional mores.
Lofty dreams and big ambitions, an eye to abstract values and the gift of gab, are no longer enough to bear the moral conscience of the nation.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com