Fair value
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Information for Authority record
Other Identifiers
Wikidata:
Q14136184
Library of congress:
sh 94002203
Sources of Information
- UMI business vocab.
- Web. 3
Wikipedia description:
In 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. Subjective factors may also be considered such as the risk characteristics, the cost of and return on capital, and individually perceived utility.
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