market value

Going price now

Market value is what something would sell for in an open market—the price a willing buyer would pay a willing seller, neither under pressure to complete the transaction.

The term appears frequently in real estate, finance, and insurance: The market value of our house has doubled since we bought it.

Market value fluctuates with supply, demand, and economic conditions, often diverging from what an owner believes something is worth.

Related

asking price · appraisal · depreciation · worth · estimate · bottom line · listing · resale · fire sale · replacement cost · trade · assessment · portfolio · asking · real estate · fair · comparable · investment

Categories
Opposites
type of value assessment

market valuesentimental value

Worth from personal attachment

personal value · symbolic value · aesthetic value · intrinsic value · inherent worth

economic measurement basis

market valuebook value

Asset minus accumulated depreciation

intrinsic value · cost basis · acquisition cost · face value · par value

cost perspective

market valuecost

Required payment amount

production cost · acquisition cost · cost basis

Family

market, value, valued, marketing, supermarket, marketplace, valuables, devalue, undervalue

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G