Fair Market Value Financial Glossary

What is it? A fair price for a home or vehicle that is based on recent sales and similarly valued properties.

Finance Term Definition Added By: Kate

Send To Friends!

If you'd like to send the Fair Market Value definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Fair Market Value. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Return on Equity is See ROE

Financial Term Bond fund is A type of unit trust investing in bonds, rather than shares, and paying investors an income.

Financial Term Insiders is These are directors and senior officers of a corporation -- in effect those who have access to inside information about a company. An insider also is a shareholder who owns more than 10 percent of the voting shares of a company.

Financial Term Lease is A contract by which the owner of property (which can be a building, a car, an item of machinery, etc) allows another person to use it, in return for rent being paid

Financial Term Tax Identification Number (TIN) is The number used to identify an individual or business for federal income tax purposes. This would be an individuals Social Security number (SSN).