释义 |
fair market price
fair′ mar′ket price` n. the price at which both a seller and a buyer are willing to do business. [1925–30] Fair market price
Fair market priceAmount 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 PriceWhat 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.See FMP See FORSCOM Mobilization Plan |