Legal Definitions - new value

Definition: New value refers to the significance, desirability, or utility of something that is newly given or obtained. It can also refer to the monetary worth or price of something.

Examples:

• When a company introduces a new product, it adds new value to its offerings.
• If you buy a used car and fix it up, you have added new value to the car.
• When a person invests in a stock and the stock price goes up, they have gained new value in their investment.

These examples illustrate how new value can be created or obtained through various means, such as innovation, improvement, or investment.