Institutionalized cultural capital comprises an institution's formal recognition of a person's cultural capital, usually academic credentials or professional qualifications. The greatest social role of institutionalized cultural-capital is in the labor market (a job), wherein it allows the expression of the person's array of cultural capital as qualitative and quantitative measurements (which are compared against the measures of cultural capital of other people). The institutional recognition facilitates the conversion of cultural capital into economic capital, by serving as a heuristic (practical solution) with which the seller can describe his or her cultural capital to the buyer.[8]