fair market value
noun
: a price at which buyers and sellers with a reasonable knowledge of pertinent facts and not acting under any compulsion are willing to do business
Examples of fair market value in a Sentence
Recent Examples on the Web
Generally, worldwide assets are deemed sold at fair market value on the day before the expatriation.
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Virginia La Torre Jeker, J.d., Forbes, 16 Oct. 2024
Use the smaller of your adjusted basis or pre-disaster fair market value
2.
—Kate Dore, Cfp®, CNBC, 15 Oct. 2024
If the initial organization becomes a for-profit, generally, a conversion is needed where the for-profit pays the fair market value of the assets to another charitable organization.
—L'oreal Thompson Payton, Fortune, 12 Oct. 2024
To accomplish that goal of identifying legitimate NIL deals, the settlement would obligate athletes and schools to share information with a new entity, under the NCAA’s auspices, about NIL deals that exceed $600 and also subject NIL deals to fair market value analysis.
—Michael McCann, Sportico.com, 3 Sep. 2019
See all Example Sentences for fair market value 
Virginia La Torre Jeker, J.d., Forbes, 16 Oct. 2024
Use the smaller of your adjusted basis or pre-disaster fair market value
2.
—Kate Dore, Cfp®, CNBC, 15 Oct. 2024
If the initial organization becomes a for-profit, generally, a conversion is needed where the for-profit pays the fair market value of the assets to another charitable organization.
—L'oreal Thompson Payton, Fortune, 12 Oct. 2024
To accomplish that goal of identifying legitimate NIL deals, the settlement would obligate athletes and schools to share information with a new entity, under the NCAA’s auspices, about NIL deals that exceed $600 and also subject NIL deals to fair market value analysis.
—Michael McCann, Sportico.com, 3 Sep. 2019
See all Example Sentences for fair market value
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'fair market value.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Fair market value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fair%20market%20value. Accessed 2 Nov. 2024.
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