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Fair market value

💡 Words with a Similar Meaning to "Fair market value"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
market valuenoun(finance) The price which a seller or insurer might reasonably expect to fetch for goods, services or securities on the open market.
fair valuenoun(accounting, economics) A rational, unbiased estimate of the potential market price of goods, services, or assets, taking into account both objective factors (such as production and distributions costs) and subjective factors (such as risks and supply vs. demand).
marketnounAny physical store selling groceries, such as a grocery store or convenience store.
market pricenoun(economics) The price at which a product, financial instrument, service or other tradable item can be bought and sold at an open market; the going price.
bid pricenoun(finance) The price offered by a potential buyer when bidding for goods.
selling pricenoun(business) The price at which an item is sold.
sale pricenounthe price at which something is offered for sale
bidding pricenoun(finance) A price offered by a buyer/bidder when he or she buys a good.
book valuenounThe value of an asset as reflected on an entity's accounting books, without accounting for appreciation or depreciation.
forward marketnoun(finance) The informal over-the-counter financial market by which contracts for future delivery are entered into.
equilibrium pricenoun(economics) The price of a commodity at which the quantity that buyers wish to buy equals the quantity that sellers wish to sell.
cost pricenoun(finance) The amount paid by a trader for goods purchased.
money's worthnoun(business) A good or service whose value meets or exceeds the amount of money paid for it.
valuenounThe quality that renders something desirable or valuable; worth.
exchangenounAn act of exchanging or trading.
market equilibriumnoun(economics) A condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers.
midratenoun(finance) The average of the buying and selling rates for a currency.
transaction utilitynoun(economics, marketing) The perceived value of getting a good deal; the difference between the amount paid and a notional reference price.
mark-to-marketnoun(finance, accounting, chiefly attributive) Assigning a value to an asset equal to the current market price of the asset or one calculated based on related standardised assets for which there is a market.
spot pricenoun(trading, finance) The price at which an asset for immediate delivery is selling at a given time and place.

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