MARKET VALUE
\mˈɑːkɪt vˈaljuː], \mˈɑːkɪt vˈaljuː], \m_ˈɑː_k_ɪ_t v_ˈa_l_j_uː]\
Definitions of MARKET VALUE
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By Princeton University
By DataStellar Co., Ltd
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1. In an open and competitive market, a buyer willingly pays and a seller willingly takes this highest estimated, and acceptable, price for an item . 2. In Accounting, this is the estimated carrying, delivery, and selling costs deducted from the selling price to arrive at the true replacement cost of an item. Also refer to fair market value (FMV).
By Henry Campbell Black
