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fair market value

 - 4 dictionary results
fair market value  
n.  The price, as of a commodity or service, at which both buyers and sellers agree to do business.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Main Entry:  fair market value
Part of Speech:  n
Definition:  See fair-market value
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Financial Dictionary

fair market value

The price at which a buyer and a seller willingly consummate a trade.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: fair market value
Function: noun
: a price at which buyers and sellers both having reasonable knowledge of the property and being under no compulsion are willing to do business
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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