market value — the price at which something can be sold in the current market; the estimated worth of an asset based on what buyers are willing to pay
Part of speech: NOUN
Definition: the price at which something can be sold in the current market; the estimated worth of an asset based on what buyers are willing to pay
Pronunciation (IPA): /ˈmɑrkɪt ˈvæljuː/
Example Sentences
- My grandmother's vintage handbag collection turned out to have tremendous market value.
- The market value of my cryptocurrency investment changes faster than my mood on Monday mornings.
- Real estate agents must accurately determine the market value before listing properties.
market value
NOUN[/ˈmɑrkɪt ˈvæljuː/]
the price at which something can be sold in the current market; the estimated worth of an asset based on what buyers are willing to pay
the price at which something can be sold in the current market; the estimated worth of an asset based on what buyers are willing to pay
Market basket meets target value!
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🎤Pronunciation
🌳Etymology
Origin
Market derives from Latin mercatus, meaning 'trade' or 'marketplace,' while value originates from Latin valere, meaning 'to be strong' or 'to be worth.' These two terms combined to form the modern compound term 'market value,' denoting the worth of an asset as determined by market conditions.
Breakdown
market (from Latin mercatus: trade, marketplace) + value (from Latin valere: to be worth, to be strong). The compound expresses the economic principle of worth determined through market exchange.
🎵Rhyme
🔗Collocations
📝Examples
“My grandmother's vintage handbag collection turned out to have tremendous market value.”
“The market value of my cryptocurrency investment changes faster than my mood on Monday mornings.”
“Real estate agents must accurately determine the market value before listing properties.”
“The antique vase I bought for $5 at a garage sale has a market value of $500!”
📚Related Words
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