use value

{
  "id": "MLC-T-ENV-029376",
  "term": "use value",
  "field": "Environment",
  "definition": "1. The value of a good or service derived from its direct or indirect use.\n\n2. Value placed on things because they are actively used and enjoyed.\n\n3. Value received by individuals from goods or services, which is derived from direct contact with, use of, or enjoyment from the goods or services (as opposed to nonuse values which do not involve or require direct contact, use, or enjoyment). Use values for ecosystem services can be derived from consumptive uses of the ecosystem, such as catch-and-keep fishing, as well as from non-consumptive uses such as bird-watching.\n\n4. The value that an individual may derive from consumption or use of a good or resource.",
  "subject": "Ecosystems",
  "references": [
    "Core Ecosystem Services Research Program Standard Lexicon",
    "EPA Subject Matter Expert - Thurston",
    "NESCS Plus Glossary",
    "Economic Analyses Glossary; Preparing Economic Analyses Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/use-value/"
}