What FAIR MARKET VALUE (FMV) means: The amount at which property would change hands between a willing buyer and a willing seller, neither being under compulsion to buy or sell and both having reasonable knowledge of the relevant facts.
- Definition Fair Rental Value:
- Dictionary owner of property could reasonably expect to receive from a stranger for the same type of lodging; generally, the amount at which a home with its furnishings could be rented to a similar size family fair market value (fmv) definition.
- Definition Foster Child:
- Dictionary child placed with the taxpayer by an authorized placement agency or by judgement, decree, or order of any of competent jurisdiction. Such a child is referred to as an "eligible foster child fair market value (fmv) explain.
- Definition Foreign Corporation:
- Dictionary A corporation not organized under the laws of one of the states or territories of the United States fair market value (fmv) what is.
- Definition First In, First Out (FIFO):
- Dictionary method for determining the cost of inventories. Under this method, the first items purchased are treated as being the first items sold. Ending inventory is valued using the cost of later purchases fair market value (fmv) meaning.
How works Fair Market Value (FMV meaning in Tax definitions F .
