2006-08-31 05:56:17 · 5 answers · asked by sameer k 1 in Business & Finance ➔ Investing
None, when describing them it is "fair market value" altogether.
2006-08-31 06:01:58 · answer #1 · answered by Sam Sneed 3 · 0⤊ 1⤋
A "fair value" is a simple lay person way of describing a price that is fair or reasonable. "Market value" is the price that is dictated by an industry or market.
Market value is objective, whereas a simple fair value is subjective --whatever you feel is fair for the price. The market value is objective because it is controlled by the market (i.e., real estate market or automobile market) --that is, what the market says the price should be.
There is also "fair market value" which is really more of a legal and industry term used to describe what a reasonable person would pay for something within the context of then current market conditions. The term fair market value is often used in the conext of assessing damages or what's owed to someone.
2006-08-31 06:15:03 · answer #2 · answered by Hottitude.com 1 · 0⤊ 0⤋
Fair market value is the price on which the product is realy purchased
Market value means the price of the product on a particular date
the date may be the date of purchase or else
2006-08-31 08:24:51 · answer #3 · answered by Geeta J 1 · 0⤊ 0⤋
"Fair" Value often refers to intrinsic value, which is the value of a company or an asset based on an underlying perception of the value.
Market value is the current quoted price at which investors buy or sell a share of common stock or a bond at a given time.
2006-08-31 06:07:53 · answer #4 · answered by kcincon 3 · 0⤊ 0⤋
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2006-08-31 19:04:20 · answer #5 · answered by stock_trade_expert 3 · 0⤊ 0⤋