How to Use fair market value in a Sentence

fair market value

noun
  • The basis of the new item is its fair market value, or cost.
    Matthew Erskine, Forbes, 19 Jan. 2022
  • The amount of the taxable gift would be based on the fair market value of the improvement.
    Alan Gassman, Forbes, 3 June 2021
  • The records show that Wu and her husband paid fair market value.
    BostonGlobe.com, 30 Oct. 2021
  • The asset basis is stepped up to fair market value at the time of the investor’s death.
    Ehud Gersten, Forbes, 19 July 2022
  • The amount of the loss is determined by your purchase price, rather than the fair market value of the asset.
    Megan Leonhardt, Fortune, 23 Nov. 2022
  • The opt-out in that deal allows Bogaerts to get his fair market value.
    Julian McWilliams, BostonGlobe.com, 4 Dec. 2022
  • The firm also pegged the site’s fair market value at $8 million.
    Jennifer Van Grove, San Diego Union-Tribune, 18 Nov. 2020
  • The city will be able to jack up the price of the lease to fair market value or back out of the deal if The Other Side Village doesn’t meet the requirements.
    Blake Apgar, The Salt Lake Tribune, 19 Oct. 2022
  • The price will be determined based on appraisals at 80% of the fair market value.
    Madeline Mitchell, The Enquirer, 11 Mar. 2021
  • That includes doctors who are paid well above the fair market value of the services.
    John Caniglia, cleveland, 2 July 2021
  • Records show Wu and her husband bought them out at fair market value.
    BostonGlobe.com, 21 Oct. 2021
  • Under the current rules, the cost basis of assets is stepped up to fair market value as of date of death.
    Tom Cooney and Crystal Faulkner, The Enquirer, 4 May 2021
  • If the residual value is less than the fair market value, a buyout could be the right move.
    Ashley Donohoe, Car and Driver, 14 July 2023
  • The deal required Disney to buy the stake as early as Jan. 2024 or sell its stake for fair market value at that time.
    CBS News, 1 Nov. 2023
  • One of the first steps when getting ready to sell your business is to determine the fair market value.
    Yec, Forbes, 8 Nov. 2021
  • Those widgets would have some sort of fair market value.
    Tax Notes Staff, Forbes, 8 June 2021
  • Prescott hoped this offseason to land a deal that would pay him fair market value.
    Mike Jones, USA TODAY, 12 Oct. 2020
  • The standard of value in these types of matters may be the IRS fair market value standard.
    Roman Matatov, Forbes, 6 Feb. 2023
  • The legality of this sale hinges on whether the home was purchased for fair market value.
    Robert Faturechi, ProPublica, 14 Apr. 2020
  • The legality of this sale hinges on whether the home was purchased at fair market value.
    Robert Faturechi, ProPublica, 10 Dec. 2020
  • At most of those auctions, homes were sold at far below fair market value.
    ProPublica, 7 Apr. 2022
  • The task force and/or counties would then be required to pay Boyce fair market value for the properties.
    Keith Matheny, Detroit Free Press, 6 Aug. 2020
  • Half of the purchase price, based on the fair market value of the property, will be in cash, while the rest will be in equity of the subsidiary MRN sets up for the project.
    Eric Heisig, cleveland, 26 Oct. 2021
  • As part of the closing process, the home being purchased must be appraised for its fair market value, which is the basis for this fee.
    Mia Taylor, Fortune, 9 Jan. 2023
  • Then the fair market value of the home could be included in the gross estate and the children would receive a step up in basis at the mother’s death.
    Liz Weston, oregonlive, 24 Apr. 2023
  • Disney and the sports league had the right to force a buyout of the stake based on its fair market value beginning earlier this year.
    Alex Weprin, The Hollywood Reporter, 29 Nov. 2022
  • When an employee leaves Hell’s Kitchen, the company will pay them the fair market value for their earned shares.
    Jess Fleming, Twin Cities, 15 Sep. 2019
  • But even that move didn’t provide enough cap relief for the Sharks to sign Pavelski to a contract that was close to fair market value.
    Curtis Pashelka, The Mercury News, 30 June 2019
  • The fair market value of a home is typically defined as the price a buyer will pay for a seller’s home.
    Washington Post, 8 Nov. 2021
  • Musk could also deduct the fair market value of the stock, instead of its original value.
    Glenn Gamboa, chicagotribune.com, 18 Feb. 2022

Some of 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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