Fair value

Fair value

Common

Rarity: Common

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At a glance

Class
Notion
Domain
Science and technology
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What Wikipedia says

In economics and accounting, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. The derivation takes into account such objective factors as the costs associated with production or replacement, market conditions and matters of supply and demand.

Excerpt from the Wikipedia article “Fair value”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

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