“The value of all wares arise from their use; things of no use have no value, as the English phrase is, they are good for nothing”

Nicholas Barbon 1690

“Value is the representation of all future benefits of ownership, compressed into a single payment. Value is continually changing as expected future benefits increase or decrease with the passage of time. As a result, an opinion of value can only be expressed relative to a given moment, or “as of” a specific date”

Peter Hays and Gary McLoughlin “Corporate Business Valuations”