The phrase "set value" can be replaced using various synonyms, depending on the context. One of the most commonly used synonyms for "set value" is "assign value." Other synonyms include "determine value," "establish value," "fix value," and "specify value." These words can be used interchangeably in various settings, such as in finance, business, or even in personal life. When setting a value, it is essential to choose the right synonym that reflects the exact meaning you want to convey. In conclusion, having a diverse range of synonyms for "set value" can help in avoiding repetition and improve readability in your writing.