Meaning & use
market value
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Meanings
nouncountable or uncountablebusinessfinance
The price that a property, asset, or good would likely sell for in an open market at a particular time.
Grammar: Can be countable (a market value) or uncountable (market value). Often used with 'the'.
Patterns
- market value of something
- at market value
- below market value
- above market value
The market value of the house has risen sharply this year.
She sold her shares at market value.
The company's market value fell after the scandal.
noununcountablebusinessfinance
The amount that something is worth according to current buyers and sellers, rather than its original cost or official assessment.
Grammar: Uncountable in this sense; often contrasted with 'book value' or 'assessed value'.
Patterns
- market value vs. book value
- market value of a currency
The market value of the antique vase is much higher than what she paid for it.
For tax purposes, the assessed value may differ from the market value.
Word forms
| plural | market values |
|---|
Common combinations
- fair market value
- The IRS uses fair market value to determine taxable gifts.
- market value of a home
- The market value of a home depends on location and condition.
- sell at market value
- They decided to sell the land at market value.
- market value assessment
- The bank ordered a market value assessment before approving the loan.
Synonyms and how they differ
- fair value
- In accounting, fair value is the price received to sell an asset in an orderly transaction; it is similar but more technical than market value.
- market price
- Often used interchangeably, but 'market price' can refer to the current price of a commodity, while 'market value' emphasizes worth.
Opposites
Word family
- market valuation noun
- The process or result of estimating market value.
Commonly confused: market value or market price?
market value vs market price
Market price is the actual price at which a good is currently traded; market value is an estimate of what it would sell for under normal conditions.
Practice
Which sentence uses 'market value' correctly?
Choose one answer.
Market value refers to the estimated selling price of an asset, so option 0 fits. Option 1 is wrong because 'market value' is a noun, not a verb. Option 2 confuses it with 'money' or 'savings'. Option 3 is incorrect; market value is not a place.
Make it your own
Write a sentence using “market value”, then check it and compare it with the examples above.