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Most Advantageous Market

The market that maximizes the amount that would be received from sale of an asset or minimizes the amount that...

Principal Market

The market that has, in comparison with other markets, the greatest volume and highest activity level for the trading of...

FMV

It stands for fair market value; the price that agreed by a buyer and a seller for a specific asset...

Fair Market Value

The price that agreed by a buyer and a seller for a specific asset or liability, in the open market...

Asset FV

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Liability FV

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...

Liability Fair Value

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...

Asset Fair Value

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Fair Value of an Asset

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Fair Value of a Liability

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...