appraisal value
61Residual Value — How much a fixed asset is worth at the end of its lease, or at the end of its useful life. If you lease a car for three years, its residual value is how much it is worth after three years. The residual value is determined by the bank that issues… …
62fair value — For the purpose of, and as a base for, fixing the rates of a public utility:–the present value of the property of the utility as determined, not by formula, such as original cost, prudent investment, or cost of reproduction, but by consideration… …
63Collateral Value — The estimated fair market value of an asset that is being used as loan collateral. Collateral value is determined by appraisal from a qualified expert. If publicly traded securities are being used, then the current price of the securities is the… …
64net asset value — (N.A.V.; NAV) The market value of a share of stock in a mutual fund. The net asset value is arrived at by deducting total liabilities (accounts payable, notes payable, etc.) from total assets (cash, securities, etc.) and dividing such amount by… …
65net asset value — (N.A.V.; NAV) The market value of a share of stock in a mutual fund. The net asset value is arrived at by deducting total liabilities (accounts payable, notes payable, etc.) from total assets (cash, securities, etc.) and dividing such amount by… …
66actual cash value — The price in cash obtainable in a fair market. The fair cash value. Birmingham Fire Ins. Co. v Pulver, 126 Ill 329, 18 NE 804. Cost of reproduction less depreciation, although important evidence of value, is not an exclusive test of actual cash… …
67sound value — An estimated value of securities not dealt in sufficiently to establish a market value by resort to market quotations. Anno: 133 ALR 1068. Permissibly the par value of long term securities which are held, not for sale on the market but as… …
68Below Market Value — refers to the process of buying real estate property below the cited open market value and refinancing the property using a mortgage loan to enable the buyer (investor) to purchase the property from the seller (vendor) for little or No Money Down …
69market value — or market worth The monetary equivalent of an art object, writing, intellectual property, etc. (Market value should not to be confused with the term value.) This can be needed in order to better know what price to ask or pay for it, to… …
70full cash value — For property tax purposes, that which is synonymous with market value; that estimate of value which is derived annually by the use of standard appraisal methods and techniques. Caldwell v. Department of Revenue, App., 122 Ariz. 45, 596 P.2d 45,… …
