fair value (countable and uncountable, plural fair values)

1. (accounting, economics) A rational, unbiased estimate of the potential market price of goods, services, or assets, taking into account both objective factors (such as production and distributions costs) and subjective factors (such as risks and supply vs. demand).

   Coordinate term: historical cost

   • 2025 July 12, “Amazon weighs further investment in Anthropic to gain edge on AI rivals”, in FT Weekend, Companies & Markets, page 10:

     The “fair value” of Amazon's investment in Anthropic is about $13.8 bn, according to regulatory filings.

• “fair value”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
• “fair value” in Longman Dictionary of Contemporary English, Longman.