fair market value
noun🔊/ˌfeə ˌmɑːkɪt ˈvæljuː/
🔊/ˌfer ˌmɑːrkɪt ˈvæljuː/
[uncountable] (especially North American English)the price for an item that both a buyer and a seller would consider to be fair She hired an agent to assess the fair market value of the property. 她聘请了一名代理来评估该物业的公平市场价值。