for economic value

USAGE SUMMARY

The phrase "for economic value" is correct and usable in written English.
It can be used when discussing the worth or benefit of something in terms of its financial or economic impact. Example: "The company focuses on developing products that provide significant benefits for economic value to its customers."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

The mere colocation of companies, suppliers, and institutions creates the potential for economic value; it does not necessarily ensure its realization.

Harvard Business Review

Successes are already emerging (thus our large estimates for economic value).

Forbes

Crude oil is classified for economic value according to American Petroleum Institute APII) gravity, based on a surface measurement of the specific gravity of degassed oil.

Journal of Petroleum Exploration and Production Technology

Entrepreneurship can prove to be an effective instrument for economic value creation and simultaneously a means to deal with various social issues.

Journal of Global Entrepreneurship Research

The objective of the study is carried out by acquiring a Decision Support System for economic value of irrigation water of Egypt.

Applied Water Science

What the voucher system does is substitute therapeutic value for economic value.

BMC International Health and Human Rights

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

For overall ecosystem services natural forests and forest plantations rated highest and paddy rice lowest, however for economic values natural forests rated lowest and rice-fish cultivation highest.

Ecosystem Services

Instead, we find that economic value presents a nonlinear inverted-U relationship with site accessibility and economic activity, highlighting the importance of matching supply and demand between each ecosystem service and its beneficiaries for economic values to be realized.

Biological Conservation

The forum cited Mr. Rickey for "enhancement of economic value".

The New York Times

The economic dimension represents the propensity for loss of economic value due to physical damage or the loss of productive capacity.

International Journal of Disaster Risk Science

Game angling for salmon is of economic value but numbers have declined in recent decades for various reasons.

New Zealand Journal of Forestry Science

Expert writing Tips

Best practice

When discussing the "economic value" of intangible assets like intellectual property, be specific about how that value is measured (e.g., potential revenue, cost savings, market share).

Common error

Avoid using "economic value" vaguely. Instead of saying something "has economic value", quantify it or explain how that value is realized. Provide concrete examples or metrics to support your claim.

Linguistic Context

The phrase "for economic value" functions as a prepositional phrase. It typically modifies a noun or verb, indicating the purpose, reason, or criteria for something being assessed or done. Ludwig AI indicates the phrase is grammatically correct and usable.

Expression frequency: Common

Frequent in

Science

40%

News & Media

30%

Formal & Business

30%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "for economic value" is a grammatically sound prepositional phrase commonly used to indicate that something is being evaluated or done based on financial or monetary considerations. Ludwig AI highlights its usability across various contexts, and the provided examples showcase its prevalence in science, news, and business. While versatile, remember to be specific about how that "economic value" is determined and avoid vague applications. Consider alternatives like "regarding economic benefit" or "in terms of economic worth" to fine-tune your message.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

regarding economic benefit

Changes the preposition to focus on the benefit itself.

in terms of economic worth

Replaces "value" with "worth", emphasizing the monetary aspect.

concerning financial merit

Uses "financial merit" instead of "economic value", highlighting the monetary advantages.

with respect to economic gain

Emphasizes the "gain" or profit derived.

for reasons of economic profitability

Focuses on profitability as the reason or motive.

considering economic advantages

Highlights the "advantages" or positive aspects.

pertaining to economic returns

Focuses on the financial "returns" or yields.

in relation to economic efficiency

Shifts the focus to the "efficiency" aspect of economic value.

regarding monetary significance

Uses "monetary significance" to emphasize the importance of the economic aspect.

in the context of economic utility

Focuses on the "utility" or usefulness from an economic perspective.

FAQs

How can I use "for economic value" in a sentence?

You can use "for economic value" to indicate that something is being considered or assessed in terms of its financial or monetary worth. For example, "The project was evaluated "for economic value" before being approved".

What's a good alternative to "for economic value"?

Alternatives include phrases like "regarding economic benefit", "in terms of economic worth", or "concerning financial merit", depending on the specific nuance you want to convey.

Is it correct to say "for economic value"?

Yes, "for economic value" is a correct and usable phrase in English. As Ludwig AI confirms, it's appropriate when you're discussing something's worth in financial terms. However, make sure the context is appropriate and consider alternatives for more precision.

What is the difference between "for economic value" and "for financial benefit"?

While both phrases are similar, ""for economic value"" is broader and can encompass indirect economic benefits, whereas "for financial benefit" typically refers to direct monetary gain. The choice depends on the specific context.