WERT

Wert is a German noun meaning value or worth. In everyday language it can denote the importance or usefulness of something, as well as monetary value in commerce. In economics, Wert contrasts with Preis (price): Wert describes the intrinsic or perceived worth of a good or service, while Preis is the amount paid in a market transaction. In philosophy and ethics, Wert refers to normative significance or value judgments used to assess actions, objects, or states of affairs.

Etymology: The word derives from Germanic roots related to significance and esteem; it is closely linked to the plural Werte, meaning values, ethical or cultural values. The concept forms the basis of compounds such as Wertordnung (system of values) and Wertschöpfung (value creation).

Common compounds and usage: Wertschöpfung (value creation), Werterhaltung (preservation of value), Wertverlust (loss of value), Wertpapier (security, such as stocks or bonds), Wertschätzung (appreciation or esteem). In computing and mathematics, Wert is used to denote the value of a variable. In finance, discussions of innerer Wert or intrinsic value are common when assessing investments.

Overview: Wert appears in German-language texts across economics, philosophy, sociology, and everyday discourse. It underpins a wide range of expressions that relate to how objects, actions, and states of affairs are judged, valued, or compared.