market value

noun

Definition of market value

  1. :  the price at which something can be sold :  the price that buyers are willing to pay for something determining the car's market value The house sold below market value.

Word by Word Definitions

marketplay
  1. :  a meeting together of people for the purpose of trade by private purchase and sale and usually not by auction

    :  the people assembled at such a meeting

    :  a public place where a market is held

  1. :  to expose for sale in a market

    :  sell

    :  to deal in a market

valueplay
  1. :  the monetary worth of something :  market price

    :  a fair return or equivalent in goods, services, or money for something exchanged

    :  relative worth, utility, or importance

  1. :  to consider or rate highly :  prize, esteem

    :  to estimate or assign the monetary worth of :  appraise

    :  to rate or scale in usefulness, importance, or general worth :  evaluate


Law Dictionary

market value

noun

Legal Definition of market value

  1. 1 :  the price at which a buyer is ready and willing to buy and a seller is ready and willing to sell

  2. 2 :  market price 1


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