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."

References in periodicals archive ?
For some countries, what they consider a fair price is what the state's budget requires in terms of oil revenues, and is therefore a justifiable price for a particular function (but this, naturally, cannot be considered a fair price).
DuPont says many printers rely on repro houses for their Cyrel FAST plates, but there is no in-house provision for plate breakdowns or last-minute schedule changes at justifiable prices. With Cyrel Uptime, payment is linked to throughput, rather than capital outlay, so making the system affordable to almost any size of flexo printer.
Report Sample Request for Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=4042 Paper-Based to Paper-Less -- The Shift in Clinical Trials Underway Clinical trials lay the foundation for the functionality of pharmaceutical companies that have been witnessing continuous high pressure to meet the accelerating demand for safe and effective treatments at justifiable prices. With so much at stake, healthcare facilities, medical device companies, and educational & research institutes have placed their focus on improving the efficiencies of clinical trials.