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Definition of

fair value

Finance

asset's or liability's worth in arm's length transaction the amount for which an asset or liability could be exchanged in an arm's length transaction between informed and willing parties, other than in a forced or liquidation sale.

Related definitions of "fair value"

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Definitions of ’fair value’ and meaning of ’fair value’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’fair value’ and other financial terms with our online QFINANCE Financial Dictionary.

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