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Fair market price |
Also found in: Acronyms | 0.01 sec. |
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Fair market price Amount at which an asset would change hands between two parties, that both have knowledge of the relevant facts. Also referred to as market price. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Petronas International will have the option to increase its Greenland stakes to 20% in the future at a fair market price and will participate with Cairn in any future licensing bidding rounds at the same level of interest, it said. The bill clearly indicates that the fair market price is the price is the price established between unrelated parties. High trade volume secures that the prices are in stable status where the traders can be able to open or close the positions at fair market prices. |
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