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
The producers get compensation at 75% of the average fair market value of affected livestock.
—
Sacbee.com, 14 July 2025
In addition, calculating the proportional deduction requires disclosing the fair market value of the decedent’s worldwide assets on IRS Form 706-NA.
—Virginia La Torre Jeker, Forbes.com, 30 June 2025
The Cook County assessor’s office assigns the property a fair market value of $9.8 million.
—Bob Goldsborough, Chicago Tribune, 17 June 2025
The catch is anything over $600 must be reported to a Deloitte-run clearinghouse that audits them for fair market value, hoping to regulate the wild spending of the current system that predictably morphed into unrestricted free agency without a salary cap.
—Mark Zeigler, San Diego Union-Tribune, 14 June 2025
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Sacbee.com, 14 July 2025
In addition, calculating the proportional deduction requires disclosing the fair market value of the decedent’s worldwide assets on IRS Form 706-NA.
—Virginia La Torre Jeker, Forbes.com, 30 June 2025
The Cook County assessor’s office assigns the property a fair market value of $9.8 million.
—Bob Goldsborough, Chicago Tribune, 17 June 2025
The catch is anything over $600 must be reported to a Deloitte-run clearinghouse that audits them for fair market value, hoping to regulate the wild spending of the current system that predictably morphed into unrestricted free agency without a salary cap.
—Mark Zeigler, San Diego Union-Tribune, 14 June 2025
See All Example Sentences for 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 22 Jul. 2025.
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