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
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
Chelsea’s sale of its women’s team to a sister company, however, is still being assessed by the Premier League from a fair market value standpoint.
—Dan Sheldon, New York Times, 6 Apr. 2025
See All Example Sentences for fair market value
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
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
Chelsea’s sale of its women’s team to a sister company, however, is still being assessed by the Premier League from a fair market value standpoint.
—Dan Sheldon, New York Times, 6 Apr. 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 20 Jul. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share