Meaning of “fair value” in the English Dictionary

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"fair value" in Business English

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fair valuenoun [ U ]

uk us ACCOUNTING, FINANCE

a way of calculating how much the assets of a business are worth based on how much would be paid for them if they were sold:

The fair value of the investment was estimated at $89.5 million.

(Definition of “fair value” from the Cambridge Business English Dictionary © Cambridge University Press)