fair market value

Definition of fair market valuenext

Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of fair market value Residents who live within District 29 boundaries, including Northfield and some Northbrook homeowners, with a $500,000 fair market value home can expect to see an annual property tax increase of $444. Claire Murphy, Chicago Tribune, 27 Mar. 2026 But Caltrans had originally bought the land using federal funds, and regulations require that excess land bought with federal money be sold at fair market value. Hannah Elsmore, San Diego Union-Tribune, 20 Mar. 2026 Jody Allen, as her brother’s executor and trustee, has a legal obligation to sell the team for as much money as possible, which requires careful timing and good business judgment when appraising the asset’s fair market value. Naomi Cahn, The Conversation, 27 Feb. 2026 They are entitled instead to the fair market value of the property being sold. Nina Totenberg, NPR, 25 Feb. 2026 See All Example Sentences for fair market value
Recent Examples of Synonyms for fair market value
Noun
  • This is your chance to learn a high-demand skill that can immediately increase your market value.
    Sho Dewan, Forbes.com, 16 May 2026
  • Because property taxes are based on a property’s market value, without periodic revaluation, some property owners would pay more than their share of property tax while others would pay less than their share.
    Lauren Jarvis-Gibson, Charlotte Observer, 15 May 2026
Noun
  • The question turned into an accidental personality test, exposing some of each artist’s values.
    Clayton Davis, Variety, 18 May 2026
  • Ryan Rollins was one of the only bright spots from Milwaukee’s season, providing great value as a playmaker and shooter who competes defensively and has a nose for the ball.
    Law Murray, New York Times, 18 May 2026
Noun
  • The heavy context makes Marseille a particularly forbidding environment for young players, which Ethan Nwaneri has discovered to his cost since arriving on loan from Arsenal in January.
    Tom Williams, New York Times, 17 May 2026
  • When the legislative session began earlier this year, Connecticut lawmakers pledged to focus on affordability and cost, seeking to keep the state on track as national economic uncertainty persists — and as a number of consumer costs, ranging from healthcare to energy, were on the rise.
    P.R. Lockhart, Hartford Courant, 17 May 2026

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Cite this Entry

“Fair market value.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/fair%20market%20value. Accessed 20 May. 2026.

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