To be pedantic, economists use the word value in a specific way. It is how much you can gain or benefit from something. Price is what you can sell something fo

To be pedantic, economists use the word value in a specific way. It is how much you can gain or benefit from something. Price is what you can sell something for. So gold has both value (you can use it as a commodity), and it has a price (you can sell it in exchange for currency). Worth is another one: it's a mostly subjective, philosophical judgement. So technically, I could sell something that has no value; and something which has no agreed upon price can have value. Everyone can then disagree about what that something is worth.