Market Value

The market value is:

"the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion".

Value Terms

Definitions of Value Concepts of Plant and Machinery

Fair value (IFRS13)

Definitions of Value Concepts of Plant and Machinery

Equitable Value

Definitions of Value Concepts of Plant and Machinery

Liquidation Value