fair market value Synonyms

Synonyms

Strongest:

• cost
• price-tag
• market-value
• value

Strong:

• unit-price
• sticker-price
• service-charge
• damage
• rate
• fee
• list-price
• price-point
• ante
• charge
• sale
• valuation
• asking-price
• service-fee
• tariff
• freight
• reduction
• price

Weak:

• deposit
• bill
• carrying-charge
• deduction
• overcharge
• down-payment
• invoice
• figure
• surcharge
• markdown
• discount

fair market value Meaning

fair market value

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

fair market value Sentence Examples

1. The fair market value of the property was determined by an independent appraisal.
2. The seller agreed to list the house at its fair market value to ensure a fair sale.
3. The fair market value of the stock was determined based on recent market transactions.
4. The IRS requires all donations to be valued at their fair market value.
5. The lender will only finance up to a certain percentage of the property's fair market value.
6. The fair market value of the equipment was established after considering its age, condition, and market demand.
7. The fair market value of the bond was calculated based on its current yield and maturity.
8. The court ruled that the value of the property should be assessed at its fair market value.
9. The estate planner advised the client to include the fair market value of all assets in the will.
10. The appraiser determined the fair market value of the painting by comparing it to similar works sold at auction.

FAQs About the word fair market value

What is the meaning of the word fair market value

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

What are the synonyms of the word fair market value

cost, price tag,market value, value, unit price, sticker price, service charge, damage, rate, fee

What are the antonyms of the word fair market value

No antonyms found.

What is the usage of word fair market value

The fair market value of the property was determined by an independent appraisal.

The seller agreed to list the house at its fair market value to ensure a fair sale.

How to use the word fair market value in a sentence?

The fair market value of the stock was determined based on recent market transactions.

The IRS requires all donations to be valued at their fair market value.