Dictionary.com
Thesaurus.com
Showing results for fair market price. Search instead for renovation marketplace.

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.

Josh Weiss, a Havenpark spokesperson, said the company must charge prevailing market rates when it purchases a park at fair market price.

From Washington Times • Jul. 25, 2022

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

Who decides what is a fair market price?

From Washington Post • Mar. 19, 2021

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

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 Carnegie, Andrew