declared value

American

[di-klaird val-yoo] / dɪˈklɛərd ˈvæl yu /

noun

plural

declared values

the amount of money that a shipment, set of goods, property, etc., is stated officially to be worth.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Importers that suddenly lower the declared value of goods can receive heavy scrutiny from customs officials wary of fraud.

From The Wall Street Journal • Feb. 28, 2026

"Adjustments to US customs regulations will allow DHL to resume accepting business to consumer shipments with a declared value exceeding $800 into the US."

From BBC • Apr. 28, 2025

The first shipment was for water filters for Airbus galleys with a declared value of $1,700.

From Reuters • Aug. 23, 2023

But, like some of the other victims, Lee gave the items he shipped with Brink’s a declared value of $400,000.

From Los Angeles Times • Sep. 1, 2022

The total declared value of such exports for the fiscal year 1896-97 was $119,440, which, at the prices prevailing since, would represent considerably more than 1,000,000 pounds.

From Scientific American Supplement, No. 1178, June 25, 1898 by Various

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023