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LSDefine

Simple English definitions for legal terms

exchange value

Read a random definition: ira motus

A quick definition of exchange value:

Exchange value refers to the amount of money that something can be exchanged for in a market. It is the price that a buyer is willing to pay and a seller is willing to accept for a product or service. Exchange value is influenced by supply and demand, as well as other factors such as quality, availability, and competition. In simpler terms, exchange value is the worth of something in terms of money when it is bought or sold.

A more thorough explanation:

Definition: Exchange value refers to the amount of money that something can be exchanged for in a market or through a transaction. It is the monetary worth or price of something.

Example: If a person wants to sell their car, the exchange value would be the amount of money they can sell it for in the market. For instance, if the car is in good condition and the market demand is high, the exchange value would be higher compared to a car in poor condition with low market demand.

Another example is when a company wants to purchase raw materials from a supplier. The exchange value would be the amount of money the company is willing to pay for the raw materials, and the supplier is willing to accept for the transaction to take place.

These examples illustrate how exchange value is determined by the market demand and supply of a product or service, and how it can vary depending on the condition, quality, and availability of the item being exchanged.

exchange ratio | Exchequer

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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