MARKETVALUE

Market value

Market value or OMV is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and may differ in some circumstances.

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market value

Noun

  1. The price which a seller or insurer might reasonably expect to fetch for goods, services or securities on the open market.


The above text is a snippet from Wiktionary: market value
and as such is available under the Creative Commons Attribution/Share-Alike License.

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