boldness or determination in facing great danger, especially in battle; heroic courage; bravery: a medal for valor.
Also, especially British, valour.

1350–1400; Middle English valo(u)r < Anglo-French; Middle French valeur < Late Latin valōr-, stem of valor worth, equivalent to Latin val(ēre) to be of worth + -or -or1

intrepidity, spirit. See courage.

cowardice. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Word Origin & History

c.1300, "value, worth," from O.Fr. valour "strength, value, valor," from L.L. valorem (nom. valor) "value, worth," from stem of L. valere "be worth, be strong" (see valiant). The meaning "courage" is first recorded 1581, from It. valore, from the same L.L. word. (The M.E.
word also had a sense of "worth or worthiness in respect of manly qualities").
Online Etymology Dictionary, © 2010 Douglas Harper
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