FMV


abbreviationFinance, 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.

Origin of FMV

1
First recorded in 1975–80

Words Nearby FMV

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024