fair value

Definitions

Accounting

• noun a price paid by a buyer who knows the value of what he or she is buying, to a seller who also knows the value of what is being sold, i.e., neither is cheating the other
• noun a method of valuing the assets and liabilities of a business based on the amount for which they could be sold to independent parties at the time of valuation

Law

• noun a price paid by a buyer who knows the value of what he or she is buying, to a seller who also knows the value of what he or she is selling, i.e. neither is cheating the other

Nearby Definitions of “fair value”

• face
• fact
• factor
• fag
• fair
• fair value
• fairground entertainment
• fairness
• fall
• family
• fan

Contexts for “fair value”

3 definitions in context
• Accounting
• Law