MLchartDataset catalogue

fair market value

Term · Agriculture and food · MLC-T-AGR-002386

The price at which an item might be sold in a free market to a knowledgeable buyer from a knowledgeable seller and neither is compelled to buy or sell.

Table 1. Record
IdentifierMLC-T-AGR-002386
FieldAgriculture and food
SubjectEconomics, Trade, Law, Business, Industry
ReferencesNAL Agricultural Thesaurus and Glossary
See alsomarket value
TranslationsSpanish: justo valor de mercado
Record as JSON 
{
  "id": "MLC-T-AGR-002386",
  "term": "fair market value",
  "field": "Agriculture and food",
  "definition": "The price at which an item might be sold in a free market to a knowledgeable buyer from a knowledgeable seller and neither is compelled to buy or sell.",
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "market value"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "justo valor de mercado"
  },
  "url": "https://mlchart.com/terminology/agriculture/fair-market-value/"
}

Record 2,386 of 6,908 in Agriculture and food terminology (MLC-0114). Request the full dataset.