FMV


abbreviation Finance, Business.

fair market value: the price of a property or object that a knowledgeable buyer and seller agree upon, in an unforced transaction that takes place in an open marketplace.

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Origin of FMV

First recorded in 1975–80

Words nearby FMV

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021