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Intrinsic value is in contrast to instrumental value (also known as extrinsic value), which is a property of anything that derives its value from a relation to another intrinsically valuable thing. [1] Intrinsic value is always something that an object has "in itself" or "for its own sake", and is an intrinsic property.
In moral philosophy, instrumental and intrinsic value are the distinction between what is a means to an end and what is as an end in itself. [1] Things are deemed to have instrumental value (or extrinsic value [2]) if they help one achieve a particular end; intrinsic values, by contrast, are understood to be desirable in and of themselves.
Intrinsic properties are fundamental in understanding Kantian deontological ethics, which is based upon the argument that an action should be viewed on its intrinsic value (the value of the action in itself) with regard to ethics and morality, as opposed to consequentialist utilitarian arguments that an action should be viewed by the value of its outcomes.
An extrinsic property is not essential or inherent to the subject that is being characterized. For example, mass is an intrinsic property of any physical object , whereas weight is an extrinsic property that depends on the strength of the gravitational field in which the object is placed.
According to this view, a thing has intrinsic value if the source of its value is an intrinsic property, meaning that the value does not depend on how the thing is related to other objects. Extrinsic value, by contrast, depends on external relations. This view sees instrumental value as one type of extrinsic value based on causal relations.
An intrinsically valuable thing is worth for itself, not as a means to something else. It is giving value intrinsic and extrinsic properties. An ethic good with instrumental value may be termed an ethic mean, and an ethic good with intrinsic value may be termed an end-in-itself. An object may be both a mean and end-in-itself.
A value stock is any share of a company that is trading at a level that’s perceived to be lower than its intrinsic value, and thus, there may be value to be found.
Time value is, as above, the difference between option value and intrinsic value, i.e. Time Value = Option Value − Intrinsic Value. More specifically, TV reflects the probability that the option will gain in IV — become (more) profitable to exercise before it expires. [6] An important factor is the underlying instrument's volatility ...