fair market value

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fair market value

n.
The price, as of a commodity or service, at which both buyers and sellers agree to do business.
References in classic literature ?
2) Such supplies will be bought from them at such prices as seller and buyer may agree on, and if a seller is unable to obtain a fair price he will be free to take his goods back to his village and no one may hinder him under any pretense.
They have even organized a "Kickers' League"--the only body of its kind in any country--to demand good service at a fair price.
They charge a fair price and make ten per cent profit for the State.
If our honorarium is unsatisfactory, kindly telegraph us at once and state what you consider a fair price.
She would bring a fair price in the north, and there was, too, the buried treasure beside the ruins of the Englishman's house.
In an other year or so he hoped he would be able to sell the old Diana to a firm in Japan for a fair price.
If you please, sir,' I said, 'I am to sell this for a fair price.
But we will tell you to your face before the present company that you are a man of vulgar and undeveloped mind; we will openly deny you the right to speak in future of your honour and conscience, for you have not paid the fair price of such a right.
She undertook such jobs and was frequently employed, as she was very honest and always fixed a fair price and stuck to it.
If the producers believe that the fair price is $ 70, they will raise prices for this level and then raise the production to the levels that will keep it," Jawahri said in a statement to the National Iraqi News Agency (NINA), added " some countries believe that the fair price is 70 and another see it as 50 and Saudi Arabia sees it as $ 80 a barrel.
Summary: Lucknow (Uttar Pradesh) [India], Jan 6 (ANI): After their plea to get a fair price for potatoes went unheard by the Uttar Pradesh government, the farmers on Saturday dumped their produce outside the state assembly building in protest.
SUZIE SLANEY: I would pay more for my milk to see dairy farmers paid a fair price especially after watching a television programme on the BBC recently featuring the farmer, Gareth Wyn Jones.