English Language & Usage Asked by user121330 on June 28, 2021
tldr: what’s a noun/phrase for ‘value to a nefarious agent’?
Specific example: Teslas are the least likely car to be stolen while the Accord, at 2/3 of the cost, gets stolen all the time. There are similar examples of the difference between "value" and "value to a thief".
Fence-able seems contrived and ignores some of the other value of stolen goods, for example: ‘worthless to most’ family photos could be held ransom.
Is there a synonym for value that applies specifically to outlaws?
The term for this (in any market, including the black market) is liquidity:
Financial liquidity refers to how easily assets can be converted into cash. Assets like stocks and bonds are very liquid since they can be converted to cash within days. However, large assets such as property, plant, and equipment are not as easily converted to cash. — Investopedia
Here are examples involving stolen goods:
Unfortunately, paying ransoms for art increases its liquidity and therefore makes it a more attractive target. — Crimes Involving Art
If we examine various market indicators, we can see how the black markets have increased efficiency. The most obvious indicators to track are the price of the final output and the “liquidity” or the volume of trading that occurs. The price at which a fully qualified identity is sold is a good proxy for the cost of acquisition of that identity and the overall efficiency of the market. — The black market for identity theft
Answered by Laurel on June 28, 2021
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