fair market value
noun
: a price at which buyers and sellers with a reasonable knowledge of pertinent facts and not acting under any compulsion are willing to do business
Examples of fair market value in a Sentence
Recent Examples on the Web
To accomplish that goal of identifying legitimate NIL deals, the settlement would obligate athletes and schools to share information with a new entity, under the NCAA’s auspices, about NIL deals that exceed $600 and also subject NIL deals to fair market value analysis.
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Michael McCann, Sportico.com, 3 Sep. 2019
The Tribune’s and Illinois Answers’ analysis included a comparison of property sale prices against the assessor’s first pass fair market values for parcels his office classified as vacant.
—Cam Rodriguez, Chicago Tribune, 4 Aug. 2024
Taxes are paid at the time of conversion (ordinary income taxes on the fair market value of the assets that are converted, as part of the saver’s tax bill the following April), and while no one likes to pay taxes upfront, says Slott, it’s never made more sense to do so.
—Alicia Adamczyk, Fortune, 5 Sep. 2024
One problem is that fair market value is notoriously difficult to assess in the NIL space.
—Michael McCann, Sportico.com, 3 Sep. 2019
See all Example Sentences for fair market value 
Michael McCann, Sportico.com, 3 Sep. 2019
The Tribune’s and Illinois Answers’ analysis included a comparison of property sale prices against the assessor’s first pass fair market values for parcels his office classified as vacant.
—Cam Rodriguez, Chicago Tribune, 4 Aug. 2024
Taxes are paid at the time of conversion (ordinary income taxes on the fair market value of the assets that are converted, as part of the saver’s tax bill the following April), and while no one likes to pay taxes upfront, says Slott, it’s never made more sense to do so.
—Alicia Adamczyk, Fortune, 5 Sep. 2024
One problem is that fair market value is notoriously difficult to assess in the NIL space.
—Michael McCann, Sportico.com, 3 Sep. 2019
See all Example Sentences for fair market value
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'fair market value.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Fair market value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fair%20market%20value. Accessed 5 Oct. 2024.
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