What does FMV mean in Mortgage?

This page is about the meanings of the acronym/abbreviation/shorthand FMV in the Business field in general and in the Mortgage terminology in particular.

Fair Market Value

Business » Mortgage

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Definition

What does FMV mean?

fair market value(Noun)
The price at which the buyer and seller are willing to do business.

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"FMV." Abbreviations.com. STANDS4 LLC, 2016. Web. 25 Sep. 2016. <http://www.abbreviations.com/term/508777>.