fair market price

fair market price
Amount at which an asset would change hands between two parties, that both have knowledge of the relevant facts. Also referred to as market price. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • fair market price — Market value; clear market value. 28 Am J Rev ed Inher T § 359. The result of the opposing views of the willing seller not compelled to sell and a willing purchaser not required to buy. Vale v Du Pont, 37 Del 254, 182 A 668, 103 ALR 946. See… …   Ballentine's law dictionary

  • fair market price — See fair market value …   Black's law dictionary

  • fair market price — See fair market value …   Black's law dictionary

  • Fair market price — Amount at which an asset would change hands between two parties, both having knowledge of the relevant facts. Also referred to as market price. The New York Times Financial Glossary …   Financial and business terms

  • fair market price — fair′ mar′ket price n. bus the price at which both a seller and a buyer are willing to do business • Etymology: 1925–30 …   From formal English to slang

  • fair market price — the price of something at which both a seller and a buyer are willing to strike a deal. [1925 30] * * * …   Universalium

  • fair market price — the price of something at which both a seller and a buyer are willing to strike a deal. [1925 30] …   Useful english dictionary

  • 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. By fair market value is meant the price in …   Black's law dictionary

  • 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. By fair market value is meant the price in …   Black's law dictionary

  • Fair Trade Price — A minimum price paid for certain agricultural products imported from developing countries. Fair trade is a movement which believes that it is unethical to pay producers in developing countries the market price if it is too low to provide a… …   Investment dictionary

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