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market value

Line breaks: mar¦ket value

Definition of market value in English:

noun

The amount for which something can be sold on a given market: insurance may only cover the current market value of your car Often contrasted with book value.
More example sentences
  • I accept that the invoiced amount represents the fair market value of the goods sold.
  • The payment is equal to the market value, which is lower than the income tax payable on the share option gain.
  • Any fruit not indigenous to your village will fetch a higher market value when sold.

Definition of market value in:

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