Fair market price


 

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Fair market price

Amount at which an asset would change hands between two parties, that both have knowledge of the relevant facts. Also referred to as market price.



Fair market price

Similar Matches

Market out clause

Market out clause

A clause that may appear in an underwriting firm commitment that releases it from its purchase requirement if there are negative securities market developments.


Central American Common Market

Central American Common Market

A group of Central American countries -- El Salvador, Guatemala, Honduras, and Nicaragua -- that formed a common market in 1960, with Costa Rica added in 1962. It largely disintegrated in the 1970s and 80s due to military conflicts, but reformed as the Central American Free Trade Zone (but without Costa Rica) starting in 1993.


Market Eye

Market Eye

A financial information service based in the U.K. sponsored by the ISE (International Stock Exchange of the UK and the Republic of Ireland) that provides current market and statistical information.


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Used in the context of general equities. Outside the inside market (above the lowest offering and below the highest bid).


Unmarketable Title

Unmarketable Title

Title which contains defects that would allow a purchaser to be released from his obligation to purchase.


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