Define: Market Value

UK Accounting Glossary

Definition: Market Value


Quick Summary of Market Value


The price that a home will get on the market, based on comparisons to similar homes that have sold recently in the area.



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Examples of Market Value in a sentence


Using the internet, anyone can determine the market value of their home before deciding what price to put on it.
The real estate agent informed her that the market value of her home has doubled since she purchased it.



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/market-value/
Modern Language Association (MLA):
Market Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. March 28, 2020 https://payrollheaven.com/define/market-value/.
Chicago Manual of Style (CMS):
Market Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/market-value/ (accessed: March 28, 2020).
American Psychological Association (APA):
Market Value. PayrollHeaven.com. Retrieved March 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/market-value/

Definition Sources


Definitions for Market Value are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February 2020.