Definitions for fair market value
fair mar·ket val·ue

WiktionaryRate this definition:0.0 / 0 votes

1. fair market valuenoun

   The price at which the buyer and seller are willing to do business.

WikipediaRate this definition:0.0 / 0 votes

1. Fair market value

   The fair market value of property is the price at which it would change hands between a willing and informed buyer and seller. The term is used throughout the Internal Revenue Code, as well as in bankruptcy laws, in many state laws, and by several regulatory bodies.In litigation in many jurisdictions in the United States the fair market value is determined at a hearing. In certain jurisdictions, the courts are required to hold fair market hearings, even if the borrowers or the loans guarantors waived their rights to such a hearing in the loan documents.

WikidataRate this definition:0.0 / 0 votes

1. Fair market value

   Fair market value is an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market. An estimate of fair market value may be founded either on precedent or extrapolation. Fair market value differs from the intrinsic value that an individual may place on the same asset based on their own preferences and circumstances. Since market transactions are often not observable for assets such as privately held businesses and most personal and real property, FMV must be estimated. An estimate of Fair Market Value is usually subjective due to the circumstances of place, time, the existence of comparable precedents, and the evaluation principles of each involved person. Opinions on value are always based upon subjective interpretation of available information at the time of assessment. This is in contrast to an imposed value, in which a legal authority sets an absolute value upon a product or a service. A property sale, in lieu of an eminent domain taking, would not be considered a fair market transaction since one of the parties was under undue pressure to enter into the transaction. Other examples of sales that would not meet the test of fair market value include a liquidation sale, deed in lieu of foreclosure, distressed sale, and similar types of transactions.

How to pronounce fair market value?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

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   Tessa

   South African

How to say fair market value in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of fair market value in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of fair market value in Pythagorean Numerology is: 1

Examples of fair market value in a Sentence

1. Ramogi Huma:

   We’re not against other athletes pursuing employee status, (But) FBS football and Division I basketball players are all similar in that they are the only college athletes that are paid full scholarships and receive less than their fair market value.

2. Former FEC commissioner Brad Smith:

   While some outlets have incorrectly reported that federal rules generally prohibit The PACs from providing more than $ 5,000 in services to campaigns, Scott Applewhite -RRB- Noti told Fox News that the payments were likely proper so long as The PACs were for the fair market value of the services rendered. Job Creators Network CEO Ortiz on' Thanks for nothing, AOC !' billboard in New York City. In terms of possible penalties, Scott Applewhite -RRB- Noti said that Ocasio-Cortezs campaign could be facing FEC fines if it followed bad legal advice and made reporting errors. But civil or even criminal fraud statutes, as opposed to campaign finance laws, would potentially kick in if it were determined that Saikat Chakrabarti had intentionally tried to hide the money to use for illicit expenses. Meanwhile, Former FEC commissioner Brad Smith told the Daily Caller News Foundations investigative unit that, because Alexandria Ocasio-Cortez apparently held legal control of Justice Democrats PACwhile Justice Democrats PAC was supporting Scott Applewhite -RRB- Noti campaign, thetwo committees were likely acting as affiliated committees -- andtherefore share a single contribution limit of $ 2,700 that might have been exceeded. If this were determined to be knowing and willful, they could be facing jail time, even if its not knowing and willful, it would be a clear civil violation of the act, which would require disgorgement of the contributions and civil penalties. I think theyve got some real issues here. Mondays filingcomes on the heels of a separate complaint by theWashington, D.C.-based Coolidge Reagan Foundation, which alleged last week that theBrand New New York Democratic Congressional PACmay have illegally funneled thousands of dollars to Riley Roberts, Riley Roberts. It was firstreported late last month that Justice Democrats PAC paid Riley Roberts during the early days of the Ocasio-Cortez campaign.According to FEC records, Justice Democrats PAC made two payments to Roberts one in August 2017 and one in September 2017 both for $ 3,000. CLICK TO GET THE FOX NEWS APP The FEC complaint specifically cites the use of.

3. Jeremy Liew:

   If the fair market value would have been anywhere between 900 and 999 (million), then the investors and the companies will probably figure out ways to bump that to a billion.

4. Arthur Hoge:

   If we have a reason to question a sale, because we don't think it's an arm's length fair market value sale ... we should have the right to come address that with the court.

5. Arthur Hoge:

   We have been advised that Katie McClendon wants to purchase that Thunder interest, if we have a reason to question a sale, because we don't think it's an arm's length fair market value sale ... we should have the right to come address that with the court.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Fair_Market_Value
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Fair_Market_Value
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=fair market value