fair market price

fair market price
the price of something at which both a seller and a buyer are willing to strike a deal.
[1925-30]

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Universalium. 2010.

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  • fair market price — Market value; clear market value. 28 Am J Rev ed Inher T § 359. The result of the opposing views of the willing seller not compelled to sell and a willing purchaser not required to buy. Vale v Du Pont, 37 Del 254, 182 A 668, 103 ALR 946. See… …   Ballentine's law dictionary

  • fair market price — See fair market value …   Black's law dictionary

  • fair market price — See fair market value …   Black's law dictionary

  • Fair market price — Amount at which an asset would change hands between two parties, both having knowledge of the relevant facts. Also referred to as market price. The New York Times Financial Glossary …   Financial and business terms

  • fair market price — Amount at which an asset would change hands between two parties, that both have knowledge of the relevant facts. Also referred to as market price. Bloomberg Financial Dictionary …   Financial and business terms

  • fair market price — fair′ mar′ket price n. bus the price at which both a seller and a buyer are willing to do business • Etymology: 1925–30 …   From formal English to slang

  • fair market price — the price of something at which both a seller and a buyer are willing to strike a deal. [1925 30] …   Useful english dictionary

  • fair market value — The amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts. By fair market value is meant the price in …   Black's law dictionary

  • fair market value — The amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts. By fair market value is meant the price in …   Black's law dictionary

  • Fair Trade Price — A minimum price paid for certain agricultural products imported from developing countries. Fair trade is a movement which believes that it is unethical to pay producers in developing countries the market price if it is too low to provide a… …   Investment dictionary

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