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Old 16th May 2007 | 17:21
  #89 (permalink)  
Mike Cross
 
Joined: Sep 2002
Posts: 1,784
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From: Savannah GA & Portsmouth UK
No the actual market VALUE is the valuation of what it is perceived to be worth what it sells for is a different matter.
For example if we have a house valued at £1mil what it sells for could be more than market value or less.
You're continuing to talk bollox
market value
–noun 1. the value of a business, property, etc., in terms of what it can be sold for on the open market; current value (distinguished from book value).
book value
–noun 1. the value of a business, property, etc., as stated in a book of accounts (distinguished from market value).
asking price
–noun the price originally demanded by the seller, as before any reduction resulting from bargaining, discount, etc.
[Origin: 1745–55]
All definitions from dictionary.com
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