Fair Value definition: Copy, customize, and use instantly
Introduction
The term "Fair Value" refers to the estimated market value of an asset or liability, determined through market conditions, comparable transactions, or other valuation methods. It is the price at which an asset could be bought or sold, or a liability could be settled, between knowledgeable and willing parties in an arm's length transaction. Fair value is an important concept in accounting, finance, and investment, ensuring that assets and liabilities are recorded and valued in a way that reflects their true worth in the market.
Below are various examples of how "Fair Value" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Fair Value" as the price at which an asset could be sold, or a liability could be settled, between willing and knowledgeable parties in an open market
This definition connects "Fair Value" to an open market transaction.
"Fair Value" means the price at which an asset could be sold, or a liability could be settled, between willing and knowledgeable parties in an open market.
Definition of "Fair Value" as the estimated price of an asset or liability, based on current market conditions or similar transactions, rather than its historical cost
This definition ties "Fair Value" to estimating price based on market conditions.
"Fair Value" refers to the estimated price of an asset or liability, based on current market conditions or similar transactions, rather than its historical cost.
Definition of "Fair Value" as the amount at which an asset could be exchanged or a liability settled in a current transaction between willing parties, with no undue pressure or compulsion to act
This definition connects "Fair Value" to an exchange or settlement in a current transaction.
"Fair Value" means the amount at which an asset could be exchanged or a liability settled in a current transaction between willing parties, with no undue pressure or compulsion to act.
Definition of "Fair Value" as the estimated worth of an asset or liability, typically based on observable market prices, current transactions, or other reliable valuation methods
This definition ties "Fair Value" to estimating worth based on observable market prices.
"Fair Value" refers to the estimated worth of an asset or liability, typically based on observable market prices, current transactions, or other reliable valuation methods.
Definition of "Fair Value" as the price at which a willing buyer and seller, with reasonable knowledge of the asset or liability, would agree to transact in an open market
This definition connects "Fair Value" to a willing buyer and seller agreeing on a price.
"Fair Value" means the price at which a willing buyer and seller, with reasonable knowledge of the asset or liability, would agree to transact in an open market.
Definition of "Fair Value" as the value of an asset or liability based on the most recent market information and current market conditions, without considering specific conditions or circumstances unique to the seller
This definition ties "Fair Value" to market conditions and information.
"Fair Value" refers to the value of an asset or liability based on the most recent market information and current market conditions, without considering specific conditions or circumstances unique to the seller.
Definition of "Fair Value" as the price at which an asset or liability could be exchanged in an active market between two informed and willing participants
This definition connects "Fair Value" to an active market exchange between informed participants.
"Fair Value" means the price at which an asset or liability could be exchanged in an active market between two informed and willing participants.
Definition of "Fair Value" as a valuation approach that estimates the price of an asset or liability based on objective and verifiable market data, without relying on subjective or historical costs
This definition ties "Fair Value" to estimating price based on objective market data.
"Fair Value" refers to a valuation approach that estimates the price of an asset or liability based on objective and verifiable market data, without relying on subjective or historical costs.
Definition of "Fair Value" as the amount at which an asset could be bought or a liability could be sold in a market, based on the current available market information and trends
This definition connects "Fair Value" to current available market information.
"Fair Value" means the amount at which an asset could be bought or a liability could be sold in a market, based on the current available market information and trends.
Definition of "Fair Value" as the value of an asset or liability, often used in financial reporting, that reflects the current market conditions, including factors such as demand, supply, and market liquidity
This definition ties "Fair Value" to market conditions and liquidity factors.
"Fair Value" refers to the value of an asset or liability, often used in financial reporting, that reflects the current market conditions, including factors such as demand, supply, and market liquidity.
Definition of "Fair Value" as the price agreed upon between parties in a transaction, where both have access to relevant information and are acting voluntarily, without duress or coercion
This definition connects "Fair Value" to an agreed-upon price between voluntary parties.
"Fair Value" means the price agreed upon between parties in a transaction, where both have access to relevant information and are acting voluntarily, without duress or coercion.
Definition of "Fair Value" as a market-based estimate of the value of an asset or liability, typically determined by market participants based on observable inputs and relevant market data
This definition ties "Fair Value" to market-based estimates and observable inputs.
"Fair Value" refers to a market-based estimate of the value of an asset or liability, typically determined by market participants based on observable inputs and relevant market data.
Definition of "Fair Value" as the current price of an asset or liability in a free market, reflecting the conditions of supply and demand, with no external influence or pressure on the transaction
This definition connects "Fair Value" to market conditions and the effects of supply and demand.
"Fair Value" means the current price of an asset or liability in a free market, reflecting the conditions of supply and demand, with no external influence or pressure on the transaction.
Definition of "Fair Value" as the price at which an asset can be exchanged, or a liability can be settled, between market participants who are knowledgeable and willing to transact at arm's length
This definition ties "Fair Value" to an arm's length transaction between knowledgeable parties.
"Fair Value" refers to the price at which an asset can be exchanged, or a liability can be settled, between market participants who are knowledgeable and willing to transact at arm's length.
Definition of "Fair Value" as the market value of an asset or liability, determined using various valuation techniques, including observable market prices or income-based approaches, depending on the asset or liability in question
This definition connects "Fair Value" to valuation techniques and approaches.
"Fair Value" means the market value of an asset or liability, determined using various valuation techniques, including observable market prices or income-based approaches, depending on the asset or liability in question.
Definition of "Fair Value" as a measure of the value of an asset or liability based on the market price or other observable data, reflecting its true worth in the current market environment
This definition ties "Fair Value" to reflecting the true worth in the current market.
"Fair Value" refers to a measure of the value of an asset or liability based on the market price or other observable data, reflecting its true worth in the current market environment.
Definition of "Fair Value" as the amount that would be received upon the sale of an asset or paid to transfer a liability in a market-based transaction, taking into account current market conditions and other relevant factors
This definition connects "Fair Value" to the amount received or paid in a market-based transaction.
"Fair Value" means the amount that would be received upon the sale of an asset or paid to transfer a liability in a market-based transaction, taking into account current market conditions and other relevant factors.
Definition of "Fair Value" as the price determined through market conditions that represents the highest price a seller is willing to accept and the lowest price a buyer is willing to pay, in an open and competitive market
This definition connects "Fair Value" to the highest and lowest prices in a competitive market.
"Fair Value" refers to the price determined through market conditions that represents the highest price a seller is willing to accept and the lowest price a buyer is willing to pay, in an open and competitive market.
Definition of "Fair Value" as the price that an asset or liability would fetch in an open market, determined by the most current and relevant market conditions without undue influence
This definition ties "Fair Value" to the price in an open market based on current market conditions.
"Fair Value" refers to the price that an asset or liability would fetch in an open market, determined by the most current and relevant market conditions without undue influence.
Definition of "Fair Value" as the estimated price of an asset or liability in an active market, representing an unbiased assessment of its worth by market participants
This definition connects "Fair Value" to an unbiased market assessment.
"Fair Value" means the estimated price of an asset or liability in an active market, representing an unbiased assessment of its worth by market participants.
Definition of "Fair Value" as the market-based measure of the value of an asset or liability, calculated using the current price or other observable inputs from a liquid market
This definition ties "Fair Value" to market-based calculations and observable inputs.
"Fair Value" refers to the market-based measure of the value of an asset or liability, calculated using the current price or other observable inputs from a liquid market.
Definition of "Fair Value" as the price at which an asset could be bought or a liability could be settled between knowledgeable and willing parties, reflecting the prevailing market conditions
This definition connects "Fair Value" to the transaction price between willing and knowledgeable parties.
"Fair Value" means the price at which an asset could be bought or a liability could be settled between knowledgeable and willing parties, reflecting the prevailing market conditions.
Definition of "Fair Value" as the value of an asset or liability based on current market prices or other relevant, observable information, used to ensure accurate financial reporting
This definition ties "Fair Value" to current market prices and financial reporting accuracy.
"Fair Value" refers to the value of an asset or liability based on current market prices or other relevant, observable information, used to ensure accurate financial reporting.
Definition of "Fair Value" as the price at which a willing buyer and a willing seller would agree to exchange an asset or settle a liability, with both parties acting in their own best interests
This definition connects "Fair Value" to an agreement between willing buyer and seller.
"Fair Value" means the price at which a willing buyer and a willing seller would agree to exchange an asset or settle a liability, with both parties acting in their own best interests.
Definition of "Fair Value" as a method of valuation based on observable inputs such as market prices, comparable transactions, and the current economic conditions surrounding an asset or liability
This definition ties "Fair Value" to valuation using observable inputs and economic conditions.
"Fair Value" refers to a method of valuation based on observable inputs such as market prices, comparable transactions, and the current economic conditions surrounding an asset or liability.
Definition of "Fair Value" as the estimated worth of an asset or liability determined through current market data and comparative sales, used for accounting and financial analysis
This definition connects "Fair Value" to determining worth through market data and sales comparisons.
"Fair Value" means the estimated worth of an asset or liability determined through current market data and comparative sales, used for accounting and financial analysis.
Definition of "Fair Value" as the amount at which an asset could be bought or a liability could be settled in an active market, without restrictions or undue influence affecting the transaction
This definition ties "Fair Value" to transactions in an active market without restrictions.
"Fair Value" refers to the amount at which an asset could be bought or a liability could be settled in an active market, without restrictions or undue influence affecting the transaction.
Definition of "Fair Value" as the market value of an asset or liability, determined by using observable market prices or other verifiable data that reflects the asset’s true worth
This definition connects "Fair Value" to market value determined by observable data.
"Fair Value" means the market value of an asset or liability, determined by using observable market prices or other verifiable data that reflects the asset’s true worth.
Definition of "Fair Value" as a valuation measure used to estimate the value of assets or liabilities based on market information, rather than historical cost or subjective assessments
This definition ties "Fair Value" to using market information for valuation instead of historical cost.
"Fair Value" refers to a valuation measure used to estimate the value of assets or liabilities based on market information, rather than historical cost or subjective assessments.
Definition of "Fair Value" as the price at which a seller would be willing to transfer an asset or a buyer would be willing to assume a liability, given the current market conditions
This definition connects "Fair Value" to the price in a transaction considering market conditions.
"Fair Value" means the price at which a seller would be willing to transfer an asset or a buyer would be willing to assume a liability, given the current market conditions.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.