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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.

Who decides what is a fair market price?

From Washington Post • Mar. 19, 2021

“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

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

In the absence of either one of us knowing which figure is closer to the fair market price, the initial number that gets thrown out can psychologically anchor the negotiation around a certain range.

From Slate • Feb. 11, 2015

I ha' handled cloam all my life, as my father did avore me, and I'll quote ye a fair market price vor anything you like to show me.

From A Drake by George! by Trevena, John

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