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FMV

American

abbreviation

Finance, Business.

fair market value: the price of a property or object that a knowledgeable buyer and seller agree upon, in an unforced transaction that takes place in an open marketplace.

Etymology

Origin of FMV

First recorded in 1975–80

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

As a result, her annual property taxes would be recalculated based on the FMV at the time of your death.

From MarketWatch • Nov. 13, 2025

Those rule changes involved amendments to the definition FMV, and shifting the burden of proof to a club to show a transaction is at fair market value.

From BBC • Oct. 7, 2024

Games that use video in place of animated graphics, otherwise known as FMV games, have been around since the early 1980s, and have enjoyed a brief resurgence in recent years with games like Her Story.

From The Verge • Oct. 15, 2017

If the donations are FMV as per IRS rules and audits, the collector would almost certainly be able to realize a greater benefit by selling.

From New York Times • Jan. 10, 2015

Save the World or Not looks like one of these FMV games, only shot in HD video.

From Forbes • Sep. 7, 2012

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023