Fair market price

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Fair market price

Amount at which an asset would change hands between two parties, where both have knowledge of the relevant facts. Also referred to as market price.

Fair Market Price

What a willing buyer pays a willing seller for a given asset. In a perfectly efficient market, fair market prices are determined by the law of supply and demand and no other factors. In securities, the fair market price is the price of the most recent transaction of that security. Open markets and capitalism, in general, can only exist if prices are set by the market, at least most of the time. See also: Fair Market Value, Invisible Hand.
References in periodicals archive ?
BookDefy is the leading authority on providing students with unparalleled options to receive substantial savings on their college textbook purchases through book swaps and up-to-the minute data on fair market prices for books.
The subcommittee discussed the current consumer prices in the market and measures that could be taken to maintain fair market prices of goods.
I look forward to employing the GreenPark standards to acquisitions and development projects in the East - paying fair market prices for opportunities, adding value through hands-on real estate development expertise, and delivering on commitments.
Government agencies get quality products and services at fair market prices with on-time delivery.
The new Rapaport Certified Diamond Auction platform creates an unprecedented opportunity for the diamond trade to establish and communicate fair market prices as it promotes efficient global trading of fine quality diamonds.
Our experienced consultants leverage proprietary tools and information databases to identify and engage the optimal vendors for your situation, negotiate best practice terms at fair market prices, and improve the way you work with your service providers.
The Root Exchange allows lenders and brokers to immediately diversify their lead sources and be assured they are paying fair market prices.
A boater's paradise, IL Lugano's contemporary architectural design fronts more than 250-linear feet on the Intercoastal and affords buyers waterfront luxury condominiums at fair market prices beginning in the high $300K.
the major activities of the project are: (i) provide technical assistance and share best practices among approximately 2,890 small-scale farm families on crop management and technologies to increase quality and quantity of yields; (ii) promote post-harvest management to reduce losses; (iii) assist 25 farmer organizations to increase sales and receive fair market prices from buyers; (iv) purchase by wfp of about 7,261 metric tons of the crop surpluses produced by small-scale farmer organizations; (v) strengthen the business management skills of 25 small-scale farmer organizations and increase women farmers~ participation, representation and skills.
This approach derives fair market prices by selecting a carefully chosen set of services from Gartner Consulting's benchmark databases that consist of both in-house and outsourced samples.
public auction, as amended, including the production of expert reports on the determination of fair market prices and provide electronic auctions including making expertise.