Market Value
Barron's Insurance Dictionary:
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Market Value
Price a willing buyer will pay a willing seller for an asset on the open market. The value is what the last person is willing to pay for the asset.
See market value v . actual cash value.
See market value v . actual cash value.
| Market Timing, Market Risk, Market Assistance Plans (MAPS) | |
| Market Value Adjustment (MVA), Market Value Clause, Market Value V. Actual Cash Value |
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Market Value
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Barron's Insurance Dictionary
Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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