fair market price
Americannoun
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
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.