fair value

fair value

English

Noun

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

Translations

Finnish: käypä arvo French: juste valeur f, juste prix m, valeur actuelle f

Further reading

• “fair value” in the Cambridge English Dictionary, Cambridge: Cambridge University Press.
• “fair value” in Longman Dictionary of Contemporary English, Longman.