fair value

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English

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Noun

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fair value (countable and uncountable, plural fair values)

  1. (accounting, economics) A rational, unbiased estimate of the potential market price of goods, services, or assets, taking into account both objective factors (such as production and distributions costs) and subjective factors (such as risks and supply vs. demand).
    Coordinate term: historical cost

Translations

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Further reading

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