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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.

See Examples For:

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

Microsoft still finds it difficult to get renewables at a fair market price when drawing up long-term contracts with utilities, said Michelle Patron, the company’s director of sustainability.

From Seattle Times ● Nov. 30, 2017

He said Haystack has a contract with CCI and pays a "fair market price" for the milk supplied.

From Los Angeles Times ● Sep. 30, 2015

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

Among the masses wives are invariably bought from the parents, about ninety dollars being a fair market price among poor people.

From Round the World by Andrew Carnegie

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