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
State law mandates that the wildlife agency compensate ranchers for the fair market value of livestock and guard animals killed by wolves, up to $15,000.
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Elise Schmelzer, The Denver Post, 6 Mar. 2025
There are various criticisms of reviewing NIL deals, as some argue the fair market value of an NIL deal is whatever price the market produces.
—Michael McCann, Sportico.com, 28 Feb. 2025
Under this scenario the Republicans repeal the estate tax but also repeal the rules that provide that assets held on death will still be subject to an income tax basis adjustment (step-up to fair market value) on death.
—Martin Shenkman, Forbes, 20 Feb. 2025
Last June, City took the Premier League to independent arbitration, claiming that the existing APT rules — which attempted to ensure that any deals agreed by clubs with sponsors represented fair market value (FMV) — were unfair and against competition law.
—Chris Waugh, The Athletic, 19 Feb. 2025
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Elise Schmelzer, The Denver Post, 6 Mar. 2025
There are various criticisms of reviewing NIL deals, as some argue the fair market value of an NIL deal is whatever price the market produces.
—Michael McCann, Sportico.com, 28 Feb. 2025
Under this scenario the Republicans repeal the estate tax but also repeal the rules that provide that assets held on death will still be subject to an income tax basis adjustment (step-up to fair market value) on death.
—Martin Shenkman, Forbes, 20 Feb. 2025
Last June, City took the Premier League to independent arbitration, claiming that the existing APT rules — which attempted to ensure that any deals agreed by clubs with sponsors represented fair market value (FMV) — were unfair and against competition law.
—Chris Waugh, The Athletic, 19 Feb. 2025
See All Example Sentences for fair market value
Cite this Entry
“Fair market value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fair%20market%20value. Accessed 12 Mar. 2025.
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