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Showing results for fair market price. Search instead for open-air marketplace.

fair market price

American  

noun

  1. the price of something at which both a seller and a buyer are willing to strike a deal.


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.

See Examples For:

And Tim Hortons franchisees complained that they were forced to pay excessive prices for goods, including more than $100 above a fair market price for each case of bacon.

From Slate Apr. 28, 2022

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

Now a court has to determine a fair market price.

From Los Angeles Times Oct. 15, 2015

At Trapezus they gave us a market, and we paid for our provisions at a fair market price.

From Anabasis by Dakyns, Henry Graham

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