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.
He will not earn a base salary or bonus, but will get 2 million stock options valued at a fair market price, which will vest in five years, along with 500,000 restricted share units.
From Reuters ● Nov. 16, 2022
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
He said Haystack has a contract with CCI and pays a "fair market price" for the milk supplied.
From Los Angeles Times ● Sep. 30, 2015
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
Why, they take but one grain at a time when they feed,— So that's a mere trifle; now then, let us see, At a fair market price how much money there'll be.
From Journeys Through Bookland, Vol. 2 by Sylvester, Charles Herbert
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.