n. the amount for which property would sell on the open market if...

Relationships Broader Term:  value Related Term:  monetary appraisal n. ~ The amount a willing buyer would pay a willing seller in an unregulated market.

The market price of an asset or liability that trades regularly.

See Market Value.

The amount an article (such as property or an automobile) would sell for on the open market, barring any constraints such as a need to sell or buy quickly. The fair market value for real estate is often determined by examining the range of selling prices for similar homes in the current economic climate.

Fannie Mae Fannie Mae is the nickname for the Federal National Mortgage Association (FNMA), a privately owned corporation that purchase FHA, VA, and conventional mortgages.

Fair market value is the price you would have to pay to buy a particular asset or service on the open market. The concept of fair market value assumes that both buyer and seller are reasonably well informed of market conditions. It also assumes that neither is under undue pressure to buy or sell, and that neither intends to defraud the other.

The amount for which property would sell on the open market. This is distinguished from "replacement value," which is the cost of duplicating the property.

The price at which two unrelated parties, under no duress, are willing to transact business.

See market value.

The highest price that a buyer, willing but not compelled to buy, would pay, and the lowest a seller, willing but not compelled to sell, would accept.

The amount that would be agreed upon by two independent persons. The amount to be received in the ordinary course of business in an arm's length transaction.

Definition The price that an interested but not desperate buyer would be willing to pay and an interested but not desperate seller would be willing to accept on the open market assuming a reasonable p [..]

The price of stock is typically measured as an average of the low and high market prices of a company's share of stock, on a specific day and on a recognized stock exchange.

a price at which buyers and sellers both having reasonable knowledge of the property and being under no compulsion are willing to do business

The price for which you could sell a piece of property on the open market under current economic conditions.

The sale price at which a property would change hands between a willing buyer and willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts.

Price at which property would change hands between a buyer and a seller without any compulsion to buy or sell, and both having reasonable knowledge of the relevant facts.

The worth of a product at any given time in the marketplace. Refers to the fair market value at the end of a lease term. Fair market value is usually determined by a set formula provided by the lease company. This is the amount the merchant will pay to own the equipment at the end of the lease term.

Used only in rare open-ended leases, this is the worth of a leased vehicle at the end of the lease period.

The amount that a willing buyer would pay to a willing seller to purchase a certain asset at a particular point in time.

an agreed upon price between a buyer and seller for the price of an item.

An appraisal term for the price that a property would bring in a competitive market, given a willing seller and willing buyer, each having reasonable knowledge of all pertinent facts, with neither bei [..]

The price a property can realistically sell for, based upon comparable selling prices of other properties in the same area.

The price for which property can be sold in an “arms length” transaction; that is, between informed, unrelated, and willing parties, each of which is acting rationally and in its own best interest. [..]

Price at which an asset is sold and bought in the open market.

Value determined by bonafide bargaining between well-informed buyers and sellers, usually over a period of time.

The value of a piece of equipment if the equipment were to be sold in a transaction determined at arm’s length, between a willing buyer and a willing seller, for equivalent property and under similar [..]

The price for which property can be sold in an "arms length" transaction between informed and willing parties, each of which is acting rationally and in its own best interest based on the as [..]

Price an asset would garner if sold in the open market.

The market value usually referred to at the end of an equipment lease. It is normally determined after considering recent sales of similar equipment, obsolescence, de-installation, resale expenses, et [..]

It is the price that property would sell for in the open market. It is the price agreed upon by a willing buyer and a willing seller.\n\nSee further Appraisal

Fair market value (FMV) is the amount for which property would sell on the open market if put up for sale in the ordinary course of business. This is distinguished from "replacement value," [..]

A value that is set for a home that is based on recent home sales of properties that are of similar size in that particular neighborhood.

The price at which property is transferred between a willing buyer and a willing seller, each of whom has reasonable knowledge of all pertinent facts and neither being under and compulsion to buy or sell.

The price that a knowledgeable buyer and a knowledge­able seller would be able to agree upon in the open market, provided that both have access to sufficient information.

A term usually found in appraisals that attempts to determine the cash price that would likely be negotiated between a willing seller and willing buyer in a reasonable amount of time. For a sale to be considered a reflection of “Fair Market Value,” it must meet all the conditions of a fair sale whereby (1) both buyer and seller act prudently, knowl [..]

The price at which two unrelated parties, under no duress, are willing to transact business.

The highest price available in an open and unrestricted market between informed, prudent parties, acting at arm's length and under no compulsion to transact. Fair market value is expressed in ter [..]

The price at which property would change hands between a willing buyer and a willing seller, where both parties have reasonable knowledge of the relevant facts and neither party is under any compulsion to buy or sell.

The value of a vehicle on the market in its current condition. Use things like TrueCar, Edmunds, and Kelley Blue Book to determine the Fair Market Value of a new or used car.

The price at which property would change hands between a willing buyer and a willing seller, where both parties have reasonable knowledge of the relevant facts and neither party is under any compulsion to buy or sell.

The amount that a willing buyer would pay to a willing seller to purchase certain property at a particular point in time.

The amount that a consumer is willing to pay for a vehicle.

The amount that a willing buyer would pay to a willing seller to purchase certain property at a particular point in time.

The value of a vehicle, taking into account the condition of the vehicle immediately before the damage occurred, determined by reliable sources generally accepted within the automotive and insurance i [..]

The amount a willing buyer will pay a willing seller for property, both parties having full knowledge of the facts.

Price at which property would change hands between a willing buy and a willing seller, if neither were under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts. Synonymous with actual value, market value, fair cash value, reasonable market value, trust cash value, value.

The price a willing buyer would pay a willing seller if neither was under any compulsion to buy or sell. The standard at which property is valued for deemed disposition.

The amount of money a well-informed buyer would pay and a well-informed seller would accept for property that has been on the open market for a reasonable amount of time, assuming neither buyer nor seller is acting under pressure.

The amount of money a well-informed buyer would pay and a well-informed seller would accept for property that has been on the open market for a reasonable amount of time, assuming neither buyer nor seller is acting under pressure.

The price that a willing buyer would pay a willing seller, neither being under any compulsion to sell or buy.

The price that a willing buyer would pay a willing seller, neither being under any compulsion to sell or buy.

The price that a reasonable buyer would be willing to pay and a reasonable seller would be willing to accept for a product on the open market.

Fair market value is usually the highest dollar value you can get for your property in an open and unrestricted market and between a willing buyer and a willing seller who are knowledgeable, informed, and acting independently of each other. For more information, see Determining fair market value of gifts in kind (non-cash gifts).

The fair market value of a property or other asset is the price that a buyer and seller can establish in an arms-length transaction where neither one is compelled to buy or to sell.

The price, expressed in terms of cash equivalents, at which property would change hands between a hypothetical willing and able buyer and a hypothetical willing and able seller, acting at arm's length in an open and unrestricted market, when neither is under compulsion to buy or sell and when both have reasonable knowledge of the relevant fact [..]

n. the amount for which property would sell on the open market if put up for sale. This is distinguished from "replacement value," which is the cost of duplicating the property. Real estate [..]

Price at which property would change hands between a buyer and a seller without any compulsion to buy or sell, and both having reasonable knowledge of the relevant facts.

The price at which an article would change hands between a knowledgeable buyer and seller, neither of whom is under pressure to complete the transaction.

The highest price that a buyer would pay, and the lowest a seller would accept. . A value similar to what comparable properties in comparable areas would have.

Fair market value is the monetary value that an agency could reasonable expect to receive for an asset in a current sale between a willing buyer and a willing seller other than in a forced or liquidat [..]

An appraisal term, it reflects the appraiser's judgment of a realistic price for a work of art for a buyer or seller. Source: www.sothebys.com

A term frequently used by appraisers referring to their judgment and opinion about an object’s likely sale price if offered by a willing seller to a willing buyer. Since the auction process is open to all bidders, a sale at auction is considered to be a measure of Fair Market Value.

The price which and object of art is expected to fetch at an art auction. The price is based on an evaluation by an appraiser.

The fair market value is “the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having knowledge of relevant facts. Click to learn more about our Fair Market Value Appraisal Service.

The value at exercise of the shares obtained by exercising your stock options. Fair Market Value is specified in your employer's stock option plan and is used to determine the amount of gain that is treated as compensation for Federal income tax purposes.

The value of an asset, under the assumption it is sold to a willing purchaser by a willing seller, under normal conditions. Fee-Based Accounts

the price an asset is worth in the marketplace

The price that a buyer, willing but not compelled to buy, and a seller, willing but not compelled to sell, would agree on.

Price at which a willing seller and a willing buyer will trade. A fair, economic, just and equitable value under normal conditions.

SEE market value and/or Fair Market Value