Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Economics | (USA) In dumping evaluations, it is the price at which the items being reviewed should have been sold in the home market in order to be considered as goods offered for export in the usual course of trade at fair market value and not guilty of being dumped. (references) |
Finance | A method of determining what a troubled asset would be worth (its present value) if its present owner sold it in the current market. Fair value assumes a reasonable marketing period, a willing buyer and a willing seller. It assumes that the current selling price (its present value) would rise or fall in relation to the asset's future earnings potential. To calculate that price, fair value converts the asset's future earnings into what they are worth in today's dollars, using a formula that discounts the assets' future net cash flows. The discount is based on the fact that a dollar earned in the future is equal to, say, $.75 invested today plus interest over an equivalent period of time. Thus, a dollar received today and invested is worth more than a dollar received in the future. Fair value, therefore is based on a formula incorporating rates of interest earned. While market value measures the sales price agreed to by the buyer and seller, OTS defines fair value as measuring the value of what the seller would receive less selling costs. Fair value is one accounting method used to calculate the present value of an asset (a loan) at some point after the loan has become past due and book value is no longer valid. See net realizable value. (references) |
Source: compiled by the editor from various references; see credits. | |
Crosswords: FAIR VALUE |
| Specialty definitions using "FAIR VALUE": Antidumping duty ♦ Downstream Dumping ♦ net realizable value ♦ United States Price. (references) |
| Author | Date | Quotation |
Treaty of Versailles | 1919 | In cases where the right to require physical restoration as above provided is exercised, the Commission shall ensure that the amount to be credited against the reparation obligation of Germany shall be the fair value of work done or materials supplied by Germany, and that the claim made by the interested Power in respect of the damage so repaired by physical restoration shall be discharged to the extent of the proportion which the damage thus repaired bears to the whole of the damage thus claimed for. (reference) |
Source: compiled by the editor from various references. | ||
| Subject | Topic | Quote |
Business | Also, when Polish currency became internally convertible and reached a fair value relative to western currencies, the price differential between domestically made and foreign products narrowed. (references) | |
Minorities | Bhutan | Local officials took advantage of the climate of repression to coerce ethnic Nepalese to sell their land below its fair value and to emigrate. (references) |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Expression | Frequency per Day |
fair value | 40 |
dow fair value | 3 |
accounting fair value | 3 |
| Source: compiled by the editor from various references; see credits. | |
| Language | Translations for "FAIR VALUE"; alternative meanings/domain in parentheses. | ||||||||||||||||||||||
Danish | teoretisk værdi (mathematical value, theoretical value), matematisk kursværdi (mathematical value, theoretical value). (various references) | ||||||||||||||||||||||
Dutch | verwachtingswaarde (expectation, extrinsic value, mathematical expectation, mathematical value, theoretical value, time value, time value premium), theoretische waarde (mathematical value, theoretical value). (various references) | ||||||||||||||||||||||
Finnish | laskennallinen arvo (mathematical value, theoretical value). (various references) | ||||||||||||||||||||||
French | valeur théorique, valeur équitable. (various references) | ||||||||||||||||||||||
German | mathematischer Wert (intrinsic value, mathematical value, parity value, theoretical value). (various references) | ||||||||||||||||||||||
Greek | μαθηματική αξία οψιόν (mathematical value, theoretical value). (various references) | ||||||||||||||||||||||
Italian | equo valore (mathematical value, theoretical value). (various references) | ||||||||||||||||||||||
Pig Latin | airfay aluevay valor teórico (book value, mathematical value, nominal value, rated value, theoretical, theoretical value). (various references) valor teórico (mathematical value, theoretical value). (various references) teoretiskt värde (mathematical value, theoretical value), matematiskt värde (mathematical value, theoretical value). (various references) | ||||||||||||||||||||||
Scrabble® Enable2K-Verified Anagrams | |
| Words within the letters "a-a-e-f-i-l-r-u-v" | |
-2 letters: failure, reavail, velaria. | |
-3 letters: aerial, earful, eluvia, favela, ferial, ferula, ireful, larvae, laurae, realia, valuer. | |
-4 letters: afire, aiver, alive, areal, ariel, arval, aurae, aural, aurei, avail, ervil, farle, fauve, feral, feria, feuar, filar, filer, fiver, flair, flare, flier, frail, laari, larva, laura, laver, lifer, liver, livre, ravel, rifle, rival, uraei, ureal, urial, uveal. | |
| Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro. | |
Hexadecimal (or equivalents, 770AD-1900s) (references)46 41 49 52 56 41 4C 55 45 |
| Leonardo da Vinci (1452-1519; backwards) (references)
|
Binary Code (1918-1938, probably earlier) (references)01000110 01000001 01001001 01010010 00100000 01010110 01000001 01001100 01010101 01000101 |
HTML Code (1990) (references)F A I R   V A L U E |
ISO 10646 (1991-1993) (references)0046 0041 0049 0052 0056 0041 004C 0055 0045 |
Encryption (beginner's substitution cypher): (references)4035435225635465539 |
| 1. Crosswords 2. Quotations: Historic 3. Quotations: Non-fiction 4. Expressions: Internet | 5. Translations: Modern 6. Anagrams 7. Orthography 8. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
