place value
nounUK /ˈpleɪs ˌvæljuː/
US /ˈpleɪs ˌvæljuː/
Place value is what a digit is worth based on where it sits in a number.
In 352, the 5 has a place value of 50 because it is in the tens place.
OTHER MEANINGS
2. The value assigned to a position in a numeral system, such as base ten.
Understanding place value helps you read large numbers correctly.
3. The importance or rank given to something in a particular situation.
In this game, speed has a higher place value than accuracy.
4. A spot's worth in a sequence or arrangement.
Each seat's place value depends on how close it is to the stage.