Re: Oil’s Swift Fall Raises Fortunes of U.S. Abroad
Except when market for the asset is illiquid and equilibrium price cannot be established.
fair value - definition in the Business English Dictionary - Cambridge Dictionaries Online
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.
Fair value dictionary definition | fair value defined
…the price that an asset or investment can be bought or sold at. Quoted market prices of instruments traded on exchanges give an accurate reading of fair value. …
What is fair value? definition and meaning
a price paid by a buyer who knows the value of what he or she is buying, to a seller who also knows the value of what is being sold, i.e., neither is cheating the other
Fair Value Definition - AccountingTools
Fair value is the price that two willing parties are will to pay for an asset or liability, preferably in an active market. A less accurate measure of fair value is when there is an active market for a similar item, while the least accurate measurement method is to use discounted cash flows associated with the future performance of the item…
[Dictionary of Financial Risk Management - Gary L. Gastineau, Mark P. Kritzman - Google Books
http://www.financepractitioner.com/dictionary/fair-value](Dictionary of Financial Risk Management - Gary L. Gastineau, Mark P. Kritzman - Google Books)