market value

Noun

market value (plural market values)

1. The price which a seller or insurer might reasonably expect to fetch for goods, services or securities on the open market.
   • In the West the national machinery of commerce and politics turns out neatly compressed bales of humanity which have their use and high market value; but they are bound in iron hoops, labelled and separated off with scientific care and precision.1918, Rabindranath Tagore, Nationalism, London: Macmillan
   • Yet when a commuter fare increase is made, the volume of protest from passengers is astonishing; some even accuse the railways of robbing suburbanites, for any increase in fares takes hundreds of dollars from the market value of suburban homes.1959 November, J. N. Westwood, “The Railways of Canada”, in Trains Illustrated, page 555

   Synonyms:

   market price