fair market value
noun
: a price at which buyers and sellers with a reasonable knowledge of pertinent facts and not acting under any compulsion are willing to do business
Examples of fair market value in a Sentence
Recent Examples on the Web
While the state can compensate the calf's owner in Tuesday's attack for the animal's fair market value, ranchers have argued that the presence of wolves poses a risk to their livestock.
—
USA TODAY, 4 Apr. 2024
Kentucky to pay 'fair market value' for property Lewisburg property owners have been notified about what the Kentucky Transportation Cabinet needs to buy:
Rental homes at 605 W. 11th St. and 606 W. 11th St., respectively worth $25,000 and $68,000, according to the Kenton County Auditor.
—The Enquirer, 3 Apr. 2024
Companies should also structure partner incentives around fair market value, adding incentives for exceptional or niche partner capabilities and outcomes.
—Alberto Yepez, Forbes, 21 Feb. 2024
The appraisals are not independent estimates of the current fair market value of the art, which are significantly more involved and expensive.
—Scott Laird, Condé Nast Traveler, 15 Jan. 2024
As our negotiations continued, TikTok attempted to bully us into accepting a deal worth less than the previous deal, far less than fair market value and not reflective of their exponential growth.
—Madison Bloom, Pitchfork, 31 Jan. 2024
Items received from a brand for review should be reported as income at their fair market value.
◾ Ads: Income generated from ads needs to be accounted for as well.
—USA TODAY, 18 Jan. 2024
At the center of the disputes has been disagreements over the amounts MASN, and therefore the Orioles, owed the Nationals for the fair market value of their rights fees for the periods of 2012 to 2016 and 2017 to 2021.
—Matt Weyrich, Baltimore Sun, 10 Feb. 2024
Potty trainer costs The cost of services ranges based on where the potty trainer and family reside and what the fair market value is in that region, with phone consultations being the more affordable option.
—Francyne Zeltser, Parents, 29 Oct. 2023
USA TODAY, 4 Apr. 2024
Kentucky to pay 'fair market value' for property Lewisburg property owners have been notified about what the Kentucky Transportation Cabinet needs to buy:
Rental homes at 605 W. 11th St. and 606 W. 11th St., respectively worth $25,000 and $68,000, according to the Kenton County Auditor.
—The Enquirer, 3 Apr. 2024
Companies should also structure partner incentives around fair market value, adding incentives for exceptional or niche partner capabilities and outcomes.
—Alberto Yepez, Forbes, 21 Feb. 2024
The appraisals are not independent estimates of the current fair market value of the art, which are significantly more involved and expensive.
—Scott Laird, Condé Nast Traveler, 15 Jan. 2024
As our negotiations continued, TikTok attempted to bully us into accepting a deal worth less than the previous deal, far less than fair market value and not reflective of their exponential growth.
—Madison Bloom, Pitchfork, 31 Jan. 2024
Items received from a brand for review should be reported as income at their fair market value.
◾ Ads: Income generated from ads needs to be accounted for as well.
—USA TODAY, 18 Jan. 2024
At the center of the disputes has been disagreements over the amounts MASN, and therefore the Orioles, owed the Nationals for the fair market value of their rights fees for the periods of 2012 to 2016 and 2017 to 2021.
—Matt Weyrich, Baltimore Sun, 10 Feb. 2024
Potty trainer costs The cost of services ranges based on where the potty trainer and family reside and what the fair market value is in that region, with phone consultations being the more affordable option.
—Francyne Zeltser, Parents, 29 Oct. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'fair market value.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near fair market value
Cite this Entry
“Fair market value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fair%20market%20value. Accessed 23 Apr. 2024.
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