Justified price


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Justified price

Market Value

A subjective estimate of what a willing buyer would pay a willing seller for a given asset, assuming both have a reasonable knowledge of the asset's worth. Market value is important in both law and accounting. In the former, it is often used in assessing damages as the result of a lawsuit. In the latter, determining the market value of an asset (e.g. after depreciation) is important to determining the amount of tax owed on it. Value investors look for companies with market values below their book values, believing these companies to be undervalued.
References in periodicals archive ?
While traders weigh fundamentals to determine if further bullish sentiment is justified price action has settled into a tight range of which high frequency traders can take advantage.
They asked the officials to fulfil their responsibility with honesty and sincerity to keep check and balance over the traders in order to ensure justified prices of daily use items in the agency during the remaining days of Ramadan.
If necessary, electricity should be imported from other countries at economically justified prices.