fair market

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Definition of fair market in English English dictionary

Related Terms

fair market value
The price at which the buyer and seller are willing to do business
fair market values
plural form of fair market value
fair market value
(Ekonomi) Fair market value (FMV) is an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market. An estimate of fair market value may be founded either on precedent or extrapolation. Fair market value differs from the intrinsic value that an individual may place on the same asset based on their own preferences and circumstances
fair market value
the price at which a property is transferred between a willing buyer and a willing seller, each of whom has a reasonable knowledge of all pertinent facts, and neither being under any compulsion to buy or sell Generally, the likely selling price of your home, as appraised
fair market value
The amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts FMV includes the adjustment for intangibles for real property assessed by the county assessor (Intangible values may lessen the actual amount that may be received in a particular sales transaction )
fair market value
The price for which property can be sold in an "arms length" transaction; that is, between informed, unrelated, and willing parties, each of which is acting rationally and in its own best interest
fair market value
Price at which property would change hands between a willing buyer and seller and calculated as the mean (average) between the highest and lowest selling prices on the valuation date
fair market value
An appraisal term It is the price that you, the buyer, are willing to pay and that the seller is willing to accept for a piece of property In arriving at this price, both you and the seller must be reasonably aware of the pertinent facts and be under no obligation to buy or sell
fair market value
The sale price at which a property would change hands between a willing buyer and willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts Also known as FMV
fair market value
The price at which a property will sell from a willing buyer to a willing seller, each of whom has a reasonable knowledge of all the pertinent facts and neither being under any obligation to buy or sell
fair market value
The price, as of a commodity or service, at which both buyers and sellers agree to do business
fair market value
– Fair market value is the price at which the property would change hands between a buyer and a seller, neither being forced to buy or sell and both having reasonable knowledge of all the relevant facts Back to Top
fair market value
The price a property would command in the open market between a willing buyer and willing seller acting independently of each other, with each having full knowledge of the facts Topic areas: Fundraising and Financial Sustainability
fair market value
The market price for an asset as would be agreed to by a willing buyer and a willing seller
fair market value
The amount that a willing buyer would pay to a willing seller to purchase certain property at a particular point in time
fair market value
the price, expressed in terms of cash equivalents, at which property would change hands between a hypothetical willing and able buyer and a hypothetical willing and able seller, acting at arms length in an open and unrestricted market, when neither is under compulsion to buy or sell and when both have reasonable knowledge of the relevant facts {NOTE: In Canada, the term "price" should be replaced with the term "highest price"}
fair market value
The highest price that a buyer, willing but not compelled to buy would pay, and the lowest a seller, willing but not compelled to sell, would accept
fair market value
A price at which a willing buyer and a willing seller, both knowing the relevant facts about the business, would transfer a company
fair market value
An appraisal term (see Appraisal) It is the price that you, the buyer, are willing to pay and that the seller is willing to accept for a price of property In arriving at this price, both you and the seller must be reasonably aware of the pertinent facts and under no obligation to buy or sell
fair market value
the hypothetical price that a willing buyer and seller will agree upon when they are acting freely, carefully, and with complete knowledge of the situation
fair market value
1 The value of a property as determined by a licensed, professional appraiser, primarily based on the sales prices of comparable properties recently sold nearby 2 The highest price that a buyer, willing but not compelled to buy, would pay, and the lowest a seller, willing but not compelled to sell, would accept
fair market value
the price at which property is transferred between a willing buyer and a willing seller, each of whom has a reasonable knowledge of all pertinent facts and neither being under any compulsion to buy or sell
fair market value
The highest price that a buyer, willing but not compelled to buy, would pay, and the lowest a seller, willing but not compelled to sell, would accept
fair market value
The amount at which property would change hands between a willing buyer and a willing seller, neither being under compulsion to buy or sell and both having reasonable knowledge of the relevant facts
fair market value
The price which a property will bring in a competitive market under all conditions required to a fair sale which results from negotiations between the buyer and a seller, each acting prudently, with knowledge and without undue stimulus
fair market value
The price that a willing buyer would pay a willing seller
fair market value
An exchange price that a willing and well-informed buyer and seller would reach through negotiation under current market conditions
fair market value
The price at which property is transferred between a willing buyer and a willing seller, each of whom has reasonable knowledge of all pertinent facts and neither being under any compulsion to buy or sell Fiduciary A legal relationship whereby an individual or institution becomes responsible for acting in the best interest of another party
fair market

    Hyphenation

    fair mar·ket

    Turkish pronunciation

    fer märkıt

    Pronunciation

    /ˈfer ˈmärkət/ /ˈfɛr ˈmɑːrkət/
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