fair value

noun

Legal Definition of fair value

1 : a reasonable value (as one set by courts and regulatory commissions) for property

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Dictionary Entries Near fair value

fair use

fair value

fair warning

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Cite this Entry

“Fair value.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/fair%20value. Accessed 17 Oct. 2021.

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