fair market value

noun

The price at which the buyer and seller are willing to do business.

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Meanings

nounfair market value (countable and uncountable, plural fair market values)

plural fair market values

  1. countableuncountablebusinessThe price at which the buyer and seller are willing to do business.
Cite this entry
APA

fair market value. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/fair%20market%20value

MLA

“fair market value.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/fair%20market%20value. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “fair market value,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/fair%20market%20value.

Source: fair market value on Wiktionary, CC BY-SA 4.0.