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 intrin...
Found on
http://en.wikipedia.org/wiki/Fair_market_value
The price at which property can be sold in an arm's length transaction.
Found on
http://wps.pearsoned.co.uk/wps/media/objects/1669/1709588/glossary/glossary
The price that a reasonable buyer would be willing to pay and a reasonable seller would be willing to accept for a product on the open market
Found on
http://www.aviva.com/glossary/
(from the article `accounting`) Value may also be represented by the amount the company could obtain by selling its assets; this is known as fair market value. This sale price is ...
Found on
http://www.britannica.com/eb/a-z/f/3
Is the amount a willing and knowledgeable buyer would pay and seller would accept in a property transaction.
Found on
http://www.encyclo.co.uk/local/20965
n. Potential sale price for a piece of property if it were sold on the open market. This differs from replacement value which is the cost of duplicating the property. Comparable sales of similar property in the area are used by real estate appraises to determine the market value. Differences in quality and size of the property are added or deducted...
Found on
http://www.encyclo.co.uk/local/21213
The current value of an asset, e.g., the amount at which an asset could be sold or purchased in an a
Found on
http://www.encyclo.co.uk/local/22398
The traded value of an asset agreed by seller and buyer where neither party is desperate to sell and... <a target=_blank href='http://www.finance-glossary.com/terms/fair-market-value.htm?id=533&ginPtrCode=00000&PopupMode=false' title='Read full definition of fair market value'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
The price (cash or equivalent) that a buyer could reasonably be expected to pay and a seller could reasonably be expected to accept, if the business were for sale on the open market for a reasonable period of time, both buyer and seller being in possession of all pertinent facts, and neither being under any compulsion to act.
Found on
http://www.lectlaw.com/def/f068.htm
A price arrived at by a buyer and seller with the assumption that both buyer and seller have reasonable knowledge of the prevailing market conditions.
Found on
https://www.encyclo.co.uk/local/20551
- Price at which property would change hands between a buyer and a seller without any compulsion to buy or sell, and both having reasonable knowledge of the relevant facts.
Found on
https://www.encyclo.co.uk/local/21071
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.
Found on
https://www.encyclo.co.uk/local/21405
No exact match found.
