- fairmarket value
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fair market value
n.
The price, as of a commodity or service, at which both buyers and sellers agree to do business.
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Universalium. 2010.
fairmarket value
Look at other dictionaries:
5 By 5 Power In Trust — A common clause included in many trusts allowing for beneficiary withdrawals from the trust. Specifically, 5 by 5 Power or the 5 by 5 clause , gives the beneficiary power to withdraw the greater of: a) $5,000 or b) 5% of the trust s fairmarket… … Investment dictionary
