When we speak of purchase-value, we refer to the estimated worth of a product or service in terms of how much we are willing to pay for it. However, there are other words that can be used interchangeably to describe this concept. For instance, we can use the term "price-point" to indicate the const of the purchase. "Cost-effectiveness" depicts how the purchase can be needful to one's finances. "Appraised value" refers to the assessed value of the product as seen by a professional evaluator, whereas "worth" can suggest what one believes the product deserves to cost. Regardless of the term used, how we perceive the purchase-value plays a vital role in our purchasing decisions.