fair value

noun

1
: a reasonable value (as one set by courts and regulatory commissions) for property
2

Dictionary Entries Near fair value

Cite this Entry

“Fair value.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/fair%20value. Accessed 27 Dec. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!