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Glossary > F > "Fair market price" Definition

Fair market price

Amount at which an asset would change hands between two parties, both having knowledge of the relevant facts. Also referred to as market prices.

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Fair market price - Amount at which an asset would change hands between two parties, both having knowledge of the relevant facts. Also referred to as market prices.

Fair market price : amount at which an asset would change hands between two parties, both having knowledge of the relevant facts. also referred to as market prices.