cash market value

cash market value
Price which property would bring if offered for sale by one who desired to sell but was under no obligation to sell, and was bought by one who desired to buy but was under no necessity to buy. Urban Renewal Agency of City of Lubbock v. Trammel, Tex., 407 S.W.2d 773, 777.
"Fair market value," "reasonable market value" or "fair cash market value" are synonymous. Housing Authority of Birmingham Dist. v. Title Guarantee Loan & Trust Co., 243 Ala. 157, 8 So.2d 835, 837.
For fair market value, and fair cash market value, see those titles

Black's law dictionary. . 1990.

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  • cash market value — Price which property would bring if offered for sale by one who desired to sell but was under no obligation to sell, and was bought by one who desired to buy but was under no necessity to buy. Urban Renewal Agency of City of Lubbock v. Trammel,… …   Black's law dictionary

  • fair cash market value — Terms cash market value , fair market value , reasonable market value or fair cash market value are substantially synonymous. Fort Worth & D. N. Ry. Co. v. Sugg, Tex.Civ.App., 68 S.W.2d 570, 572 …   Black's law dictionary

  • fair cash market value — Terms cash market value , fair market value , reasonable market value or fair cash market value are substantially synonymous. Fort Worth & D. N. Ry. Co. v. Sugg, Tex.Civ.App., 68 S.W.2d 570, 572 …   Black's law dictionary

  • market value — The price property would command in the open market. The highest price a willing buyer would pay and a willing seller accept, both being fully informed, and the property being exposed for a reasonable period of time. The market value may be… …   Black's law dictionary

  • market value — The price property would command in the open market. The highest price a willing buyer would pay and a willing seller accept, both being fully informed, and the property being exposed for a reasonable period of time. The market value may be… …   Black's law dictionary

  • cash equivalent value — The amount of *cash that can be received in an *arm’s length transaction for the sale of an asset. See also *fair market value …   Auditor's dictionary

  • Market value added — (MVA) is the difference between the current market value of a firm and the capital contributed by investors. If MVA is positive, the firm has added value. If it is negative, the firm has destroyed value. The amount of value added needs to be… …   Wikipedia

  • market value of portfolio equity — ( MVPE) The difference between the sum of the present values of all cash flows from assets and the sum of the present values of all cash flows from liabilities. In other words, the market value of the institution s capital account. Defined by the …   Financial and business terms

  • fair market value — The amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts. By fair market value is meant the price in …   Black's law dictionary

  • fair market value — The amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts. By fair market value is meant the price in …   Black's law dictionary

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