Market Value Clause
Barron's Business Dictionary:
Top
Market Value Clause
Provision of property insurance that establishes the amount for which an insured must be reimbursed for damaged or destroyed property according to the price a willing buyer would pay for the property purchased from a willing seller, as opposed to the actual cash value of the damaged or destroyed property.
See also market value vs . actual cash value.
See also market value vs . actual cash value.
| Market Timing, Market System, Market Share | |
| Market Value Vs. Actual Cash Value, Marketability, Marketability Study |
Barron's Insurance Dictionary:
Top
Market Value Clause
Provision of property insurance that establishes the amount for which an insured must be reimbursed for damaged or destroyed property according to the price a willing buyer would pay for the property purchased from a willing seller, as opposed to the actual cash value of the damaged or destroyed property.
See also market value v . actual cash value.
See also market value v . actual cash value.
| Market Value Adjustment (MVA), Market Value, Market Timing | |
| Market Value V. Actual Cash Value, Marketing, Mass Merchandising |
