### Question
How is the "value" defined?


### Answer
The term **value** is defined in *18 U.S.C. § 641* as follows -

> face, par, or market value, or cost price, either wholesale or retail, whichever is greater.

#### Citation:
  - *18 U.S.C. § 641*
  - Heading: **PART I-CRIMES > CHAPTER 31-EMBEZZLEMENT AND THEFT**

