fair market value
fair market value
nounDefinition of FAIR MARKET VALUE
: 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
First Known Use of FAIR MARKET VALUE
1901
Learn More About FAIR MARKET VALUE
Browse
Next Word in the Dictionary: fair–minded
Previous Word in the Dictionary: fair–maids–of–France
All Words Near: fair market value
Previous Word in the Dictionary: fair–maids–of–France
All Words Near: fair market value
Seen & Heard 
What made you want to look up fair market value? Please tell us where you read or heard it (including the quote, if possible).
