Valuable \Val"u*a*ble\, a. 1. Having value or worth; possessing qualities which are useful and esteemed; precious; costly; as, a valuable horse; valuable land; a valuable cargo. 2. Worthy; estimable; deserving esteem; as, a valuable friend; a valuable companion. {Valuable consideration} (Law), an equivalent or compensation having value given for a thing purchased, as money, marriage, services, etc. --Blackstone. --Bouvier.