fair market value
61market price — The *price of a good, service, *commodity or *security negotiated between buyers and sellers in a *free market. Compare *book value and *fair market value …
62fair value — *A British alternative term for *fair market value …
63Fair value — Fair value, also called fair price, is a concept used in finance and economics, defined as a rational and unbiased estimate of the potential market price of a good, service, or asset, taking into account such factors as: * relative scarcity *… …
64market — mar·ket n 1: the rate or price at which a security or commodity is currently selling: market price 2 a: a geographical area of demand for commodities or services seeking new foreign market s b: a formal organized system en …
65Value-in-use — is the net present value (NPV) of a cash flow or other benefits that an asset generates for a specific owner under a specific use. In the U.S., Value in Use is generally estimated at a use which is less than highest and best use, and therefore… …
66fair and true value — Market value, and in the absence of a standard market for the particular kind of property involved, a fair value as determined by reference to all relevant facts in evidence. State v Wagner, 233 Mich 241, 46 NW2d 676, 23 ALR2d 762 …
67fair value method of accounting — Fair value method. Valuation of assets at present value, meaning same as actual value or market value. Kerr v. Klinchfield Coal Corp., 169 Va. 149, 192 S.E. 741, 744. See also accounting …
68fair value method of accounting — Fair value method. Valuation of assets at present value, meaning same as actual value or market value. Kerr v. Klinchfield Coal Corp., 169 Va. 149, 192 S.E. 741, 744. See also accounting …
69readily realizable market value — A value existing where property is readily to be converted into cash or its equivalent in such manner as to realize the fair value of the property. Clark v Welch (DC Cal) 46 F2d 563 …
70value — I n. worth monetary, numerical worth 1) to attach value to 2) to place, put, set a value on 3) to acquire, take on value 4) an absolute; book; cash; face; fair; intrinsic; nominal; nuisance; numerical; strategic; token value 5) (economics)… …
