FMV

American

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.

Etymology

Origin of FMV

First recorded in 1975–80

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.

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

From MarketWatch • Nov. 13, 2025

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 • Oct. 7, 2024

My proposal would be to move the buyouts to 100 percent of FMV, to encourage more people to accept offers, and simultaneously drop subsidized flood insurance entirely.

From New York Times • Nov. 4, 2017

It may be easy to confuse Late Shift with an FMV game, but Mattar insists on its status as a film, one that’s perfect for enjoying in a theater setting.

From The Verge • Oct. 15, 2017

Time and technology has moved on since FMV times – the game’s Intelligent Dynamic Video tech is way more cool.

From Forbes • Sep. 7, 2012

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023