FMV

American  

abbreviation

Finance, Business.

1. 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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Etymology

Origin of FMV

First recorded in 1975–80

Example Sentences

As a result, her annual property taxes would be recalculated based on the FMV at the time of your death.

From MarketWatch

Those rule changes involved amendments to the definition FMV, and shifting the burden of proof to a club to show a transaction is at fair market value.

From BBC

Tied to this simulation however is a story conveyed through FMV cutscenes, as fictitious hacker group Next Space Rebels urge the global community to build and launch rockets themselves, and “democratize the universe.”

From The Verge

On the morning of June 2, hours after National Guard helicopters harassed crowds of protesters in Washington, National Guard officials informed their commanders that the West Virginia Air National Guard had sent an RC-26B to help observe the protests with “FMV capabilities” — or full-motion video — according to a message viewed by The New York Times.

From New York Times

On the morning of June 2, hours after National Guard helicopters harassed crowds of protesters in Washington, National Guard officials informed their commanders that the West Virginia Air National Guard had sent a RC-26B to help observe the protests with “FMV capabilities” — or full-motion video — according to a message seen by The New York Times.

From New York Times