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

Credit card

How long it will take to pay off your credit card and how much interest you will pay by minimum payment

Credit Grade

Different lenders may grade you somewhat higher or lower, depending on their requirements

Balance Sheet

This calculator is designed as a quick ready reckoner for Balance Sheet calculations

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Marketing

Differentiation Through Unique Value

10 years ago, when choosing a business to start up, you would have never started a printing company or a Mexican restaurant. However these types of companies did start up. Some of them in that span... [ more... ]

Customer Servces

Customer Service is All in Your Head!

I represent the first generation of "fast food" customers. I am not sure I really want to admit that or not! I remember when the first McDonalds went up literally around the corner from m... [ more... ]

Career

Thinking About A Public Relations Career?

Without a solid, well-designed foundation, few buildings successfully withstand the ravages of time and weather. And so it is with public relations, ever-dependent upon how well its practitioners u... [ more... ]

Term: Purchasing -> Fair Market Value