Definitions for imputationˌɪm pyʊˈteɪ ʃən
This page provides all possible meanings and translations of the word imputation
Random House Webster's College Dictionary
im•pu•ta•tionˌɪm pyʊˈteɪ ʃən(n.)
the act of imputing.
an attribution, as of fault or crime; accusation.
Origin of imputation:
1535–45; < LL
a statement attributing something dishonest (especially a criminal offense)
"he denied the imputation"
the attribution to a source or cause
"the imputation that my success was due to nepotism meant that I was not taken seriously"
The act of imputing or charging; attribution; ascription.
That which has been imputed or charged.
Charge or attribution of evil; censure; reproach; insinuation.
A setting of something to the account of; the attribution of personal guilt or personal righteousness of another; as, the imputation of the sin of Adam, or the righteousness of Christ.
Opinion; intimation; hint.
Origin: From imputatio (ascribe)
the act of imputing or charging; attribution; ascription; also, anything imputed or charged
charge or attribution of evil; censure; reproach; insinuation
a setting of something to the account of; the attribution of personal guilt or personal righteousness of another; as, the imputation of the sin of Adam, or the righteousness of Christ
opinion; intimation; hint
The Nuttall Encyclopedia
the theological dogma of the transference of guilt or merit from one to another who is descended naturally or spiritually from the same stock as the former, as of Adam's guilt to us by nature or Christ's righteousness to us by faith; although in Scripture the term generally, if not always, denotes the reckoning to a man of the merit or the demerit involved in, not another's doings, but his own, as in a single act of faith or a single act of unbelief, the one viewed as allying him with all that is good, or as a proof of his essential goodness, and the other as allying him with all that is evil, or as a proof of his essential wickedness.
Theory of imputation
In economics, the theory of imputation, first expounded by Carl Menger, maintains that factor prices are determined by output prices. This is the opposite of the labor theory of value maintained by classical economists such as Adam Smith and David Ricardo. The imputation theory was important because it addressed the question of economic value. Marginalist economists such as Carl Menger and Frank Fetter of the Austrian School maintained that value was not made up of the factors that made up a good; instead, it was made up of the most valuable use that the last unit of the good could be put to—the marginal utility of the finished good. While it was easy to maintain that this was the value of goods consumed by the end user, it was harder to make this case for higher-order goods which had no end user and merely went into the making of lower-order goods. In effect, higher-order goods do have end users, the manufacturers of lower-order goods. It was these people whose marginal utility decided the factor prices, and their products were valued on their marginal utility to the end users. Thus the factors of production were as sensitive to marginal utility as consumer goods themselves.
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