fair market price

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Definition of fair market price in English English dictionary

fair price
(Finans) Fair value, also called fair price, is a concept used in finance and economics, defined as a rational and unbiased estimate of the potential market price of a good, service, or asset, taking into account such factors as:
fair price
suitable or proper price, reasonable price
fair market price

    Hyphenation

    fair mar·ket price

    Turkish pronunciation

    fer märkıt prays

    Pronunciation

    /ˈfer ˈmärkət ˈprīs/ /ˈfɛr ˈmɑːrkət ˈpraɪs/
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