Dictionary.com
Thesaurus.com

place value

American  

noun

Arithmetic.
  1. the value of the place, or position, of a digit in a number or series.

    In the number 794, the location of the digit 4 has a place value of one.


place-value British  

adjective

  1. denoting a series in which successive digits represent successive powers of the base

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of place value

First recorded in 1905–10

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.

We all need to place value on vetted, factual information upon which we can make sound and wise decisions.

From Salon

“Art is for keeps” — it speaks to the way we place value on art, and it’s also a cheeky taunt as Nemo helps himself to million-dollar works of modern art in the penthouse apartment of a wealthy collector.

From Los Angeles Times

In one corner of the classroom, Ms. Montano huddles with a small group of students, working through a lesson about place value: Is 23.4 or 2.34 the bigger number?

From New York Times

"We don’t do everything ourselves – we place value on partnerships, but of course the parts that are most important for us, we do in-house."

From Reuters

“I think it’s important to be able to place value on things that you hold dearest to you, and it’s something that is important to me,” Knight began.

From New York Times