Fair value
Financial estimation of potential market price / From Wikipedia, the free encyclopedia
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In accounting, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. The derivation takes into account such objective factors as the costs associated with production or replacement, market conditions and matters of supply and demand. Subjective factors may also be considered such as the risk characteristics, the cost of and return on capital, and individually perceived utility.
This article may require cleanup to meet Wikipedia's quality standards. The specific problem is: The article has a terrible structure. Certain sections need to reorganized, merged, split or expanded. (October 2020) |