Base market value

Base market value

The average market price of a group of securities at a specific time. Used for the purpose of indexing.

Base Market Value

1. See: Market average.

2. See: Base value.
References in periodicals archive ?
Other post employment benefits are funded on a pay-go basis; the unfunded actuarial accrued liability is high at 7% of the tax base market value.
11% of the tax base market value however the pay-go amount for fiscal 2010 was less than 1% of general fund expenditures.
The ability to plug real-time prices in modeling, also gives traders more accurate results in base market value calculations.