Usually means: Positional value of a digit.
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We found 9 dictionaries that define the word place value:

General (7 matching dictionaries)
  1. place value: Merriam-Webster
  2. place value: Oxford Learner's Dictionaries
  3. place-value, place-value: Collins English Dictionary
  4. place value: Wiktionary
  5. place value: Dictionary.com
  6. Place-value, Place value: Wikipedia, the Free Encyclopedia
  7. place-value: TheFreeDictionary.com

Computing (1 matching dictionary)
  1. Place-value, place value: Encyclopedia

Science (1 matching dictionary)
  1. A Glossary of Mathematical Terms (No longer online)

Definitions from Wiktionary (place value)

noun:  (arithmetic) The value of a digit of numbers. For example, ones, tens, hundreds in the decimal counting; ones, sixes, thirty-sixes in the senary counting.

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