Fair Market Value

Definition:

A price that would induce a willing purchaser to purchase or a willing seller to sell in an open market transaction; the price a property would bring at a fair sale between parties dealing on equal terms.

Related terms:

Debt

Useful articles:

»	Strategic Plan and Product Mix
»	E-Money - What is it all about?
»	Writing Letters That Sell
»	Stop Competing on Price

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Term: Purchasing -> Fair Market Value