good value

The term "good value" is commonly used in economics to describe cost-effectiveness and in informal settings to describe enjoyable company.

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Definition

B2Economics

(general)Something that is worth the money or effort spent.

Example

  • This smartphone is good value because it has many features at a low price.

C1Informal

(slang, UK, Australia)A person who is enjoyable to be around due to their friendliness or humor.

Example

  • You'll like him; he's good value and always makes us laugh.

Similar

Terms that have similar or relatively close meanings to "good value":

good dealvalue beta good dealmoney's worthuse valuegreat dealcheap at half the pricequite goodvery goodat a premiumface value