There is a concept in finance called "fair market value." It refers to the estimated price that a property or asset could potentially sell for if it were to be sold at the right time and in the right market conditions. Essentially, it's the value that a knowledgeable buyer and seller would agree upon in a fair transaction. This is an important term to understand when considering investments and making financial decisions. It's also worth noting that fair market value can fluctuate over time, so it's important to stay informed and make informed decisions.
