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Aug 16, 2002

This week's theme
Red-herring words

This week's words
undulate
fartlek
conversant
assize
valorize

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valorize

valorize (VAL-uh-ryz) verb tr.

To maintain the price of a commodity at a high level through government action.

[From Portuguese valorizar, from valor (value, price), from Medieval Latin, from Latin valere (to be strong).]

Valorizing is, in fact, price-fixing by government. A few other words that derive from the same root (wal-) are valence, valiant, valid, value, avail, and convalesce.

"This leads to a tendency for realized earnings to fall below the level that would validate or re-valorize the capitalized values of corporate equities and debt service costs."
James Ronald Stanfield & Michael Carroll; The Monopoly Capital School And Original Institutionalist Economics; Journal of Economic Issues (Reno, Nevada); Jun 1997.

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