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fair market price

American  

noun

  1. the price of something at which both a seller and a buyer are willing to strike a deal.


Etymology

Origin of fair market price

First recorded in 1925–30

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In exchange, according to the plans, Disney is proposing to pay $40 million for the roads, what city planners said is fair market price.

From Los Angeles Times • Jan. 27, 2024

And Tim Hortons franchisees complained that they were forced to pay excessive prices for goods, including more than $100 above a fair market price for each case of bacon.

From Slate • Apr. 28, 2022

“We’ve seen slow growth since at least 2004 and we see both the demand and the fair market price lasting a very long time.”

From Washington Times • Oct. 26, 2016

This internal MLB group is due to give its opinion on a fair market price for the Nats’ regional television rights June 1.

From Washington Post • May 18, 2012

I may here add, that Messrs. Champion can make a single set of table knives and forks, the fair market price of which would be 100 guineas.

From The Mirror of Literature, Amusement, and Instruction Volume 14, No. 404, December 12, 1829 by Various

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