Meaning & use
market value
The price at which an asset, property, or good would sell in the open market at a given time.
See it in a sentence
The market value of the house rose sharply after the new school opened nearby.
The company's market value dropped sharply after disappointing quarterly earnings reports.
A note on using this word
Market value can differ from an asset's original cost or its assessed value for tax purposes.
Words with a similar meaning
worthfair value
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
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