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 properties would still be publicly advertised and appraised to determine fair market value.
—
Miami Herald, 28 Oct. 2025
But the problem is land in Colorado is not cheap, and Colorado law demands that when eminent domain is used, a person is not only compensated for fair market value but also gets damages for the taking.
—The Denver Post Editorial Board, Denver Post, 28 Oct. 2025
They got paid, though certainly not what would soon become the series’ fair market value — the show’s ceiling was unforeseeable when the paperwork was signed.
—Tony Maglio, HollywoodReporter, 27 Oct. 2025
California law allows health care districts to transfer their assets to management corporations, but allocating 50% or more, as determined by a fair market value analysis, requires a public vote.
—Paul Sisson, San Diego Union-Tribune, 23 Oct. 2025
See All Example Sentences for fair market value
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Miami Herald, 28 Oct. 2025
But the problem is land in Colorado is not cheap, and Colorado law demands that when eminent domain is used, a person is not only compensated for fair market value but also gets damages for the taking.
—The Denver Post Editorial Board, Denver Post, 28 Oct. 2025
They got paid, though certainly not what would soon become the series’ fair market value — the show’s ceiling was unforeseeable when the paperwork was signed.
—Tony Maglio, HollywoodReporter, 27 Oct. 2025
California law allows health care districts to transfer their assets to management corporations, but allocating 50% or more, as determined by a fair market value analysis, requires a public vote.
—Paul Sisson, San Diego Union-Tribune, 23 Oct. 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 2 Nov. 2025.
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