fair market price
Americannoun
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.
In exchange, according to the plans, Disney is proposing to pay $40 million for the roads, what city planners said is fair market price.
From Los Angeles Times ● Jan. 27, 2024
Who decides what is a fair market price?
From Washington Post ● Mar. 19, 2021
Microsoft still finds it difficult to get renewables at a fair market price when drawing up long-term contracts with utilities, said Michelle Patron, the company’s director of sustainability.
From Seattle Times ● Nov. 30, 2017
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 may here add, that Messrs. Champion can make a single set of table knives and forks, the fair market price of which would be 100 guineas.
From The Mirror of Literature, Amusement, and Instruction Volume 14, No. 404, December 12, 1829 by Various
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.