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New worldwide definition of market value

By: Language: English Series: Valuer and Land Economist ; 32(3) August 1992, 171-202(2)Publication details: 1992Subject(s): Summary: Considers a new definition of market value, agreed at a recent meeting of the International Assets Valuation Standards Committee (TIAVSC) which includes the terms `willing buyer` as well as `willing seller`.

Considers a new definition of market value, agreed at a recent meeting of the International Assets Valuation Standards Committee (TIAVSC) which includes the terms `willing buyer` as well as `willing seller`.