Market Value

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Market Value

The highest price a willing buyer would pay and a willing seller would accept, both being fully informed, and the property being exposed for sale for a reasonable period of time. The market value may be different from the price a property can actually be sold for at a given time (market price). The market value of an article or piece of property is the price that it might be expected to bring if offered for sale in a fair market; not the price that might be obtained on a sale at public auction or a sale forced by the necessities of the owner, but such a price as would be fixed by negotiation and mutual agreement, after ample time to find a purchaser, as between a vendor who is willing (but not compelled) to sell and a purchaser who desires to buy but is not compelled to take the particular article or piece of property.

market value

n. the price which a seller of property would receive in an open market by negotiation, as distinguished from a "distress" price on a forced or foreclosure sale, or from an auction. Market value of real property is normally determined by a professional appraiser who makes comparisons to similar property sales in the area, which are often called "comparables."

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Indian Artisans Online helps these artists get Indian Artisans Online brings to you authentic artworks of the traditional artists from across the country The site brings folk art, textiles, papier- mache, block printing weaving, tribal embroideries and woodcarvings from across India their due payment through affordable but justified prices.
8220;As to cover this gap by providing top quality exclusive fashion Jewellery online right to the doorsteps of the Indian customers at justified prices, we have launched this online jewellery store.
Petrol station owners normally make some four or five cents per litre of fuel sold and have justified prices by citing the increase in VAT by one percentage point to 18 per cent in mid-January as well as other state taxes, and crude oil prices.