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Glossary   >   F   >   "Fair market value" Definition            Fair market value The traded value of an asset agreed by seller and buyer. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Fair market value - The traded value of an asset agreed by seller and buyer.